Setting Up an Estate Plan in California
with Sacramento Estate Planning Attorneys
An estate plan is not just your trust or your will. It is a complete set of tools used to control what will happen to you and your assets when you are no longer able to make those decisions for yourself. A well-designed and maintained set of tools will make the implementation of your wishes much simpler. There are different types of tools available: revocable trusts, powers of attorney, wills, advanced health care directives, etc. There are additional tools that go further to reduce the estate tax due at your death, such as irrevocable trusts and charitable trusts.
A quality estate plan will meet your needs today, implement tax planning strategies appropriate for your current situation and set the foundation for future revisions as your family and financial situations change over the years.
Creating a trust-based estate plan is often the best way to start. People in California who own a home often use a revocable trust to avoid going through the probate process.
Probate is very costly and takes a minimum of six months from start to finish - if everything goes right.
A qualified estate planning attorney is an integral part of a successful estate plan. You need an attorney who:
- listens to you and explains options that will be suitable for your family
- makes estate planning easy to understand
- is a certified estate planning specialist who can help ensure your wishes are carried out
The Sacramento estate planning attorneys at Generations can help you decide what type of an estate plan is best for you and your family now and in the future. Please contact us today via email or toll-free at 866-919-4406 to set up an initial consultation.
