Embedded Files
Planning for Your Succession
Planning for Your Succession
Our goal is to provide you with peace of mind, knowing that your asset distribution plans will be executed as intended. Many individuals wish for their children to inherit their assets without complications. The primary obstacle to this is often probate—a court-supervised process that can be time-consuming and costly.
We specialize in estate planning strategies that help you avoid probate, ensuring a seamless transfer of your assets to your beneficiaries. By implementing tools such as revocable living trusts, joint ownership arrangements, and beneficiary designations, we facilitate a direct and efficient transition, preserving your family's privacy and minimizing delays and expenses.
With thoughtful planning, you can provide your loved ones with a straightforward path to inherit your estate, allowing them to focus on cherishing your memory rather than navigating legal complexities.
Why do I need a Trust?
Why do I need a Trust?
A Trust enables your estate to avoid probate and pass your assets, including real estate, directly to your beneficiaries after death.
Why do I need to avoid probate?
Why do I need to avoid probate?
Probate in California can be both time-consuming and costly. On average, probate proceedings take between 6 to 18 months. The average fees associated with probate proceedings range from 4 - 7% of the estate. This means that a $1 million estate without a Trust can pay $40,000 - $70,000 in probate.
How much does it cost to create an estate plan?
How much does it cost to create an estate plan?
Costs associated with estate plans vary depending on the complexity of the plan. At our firm, the standard estate planning package typically costs $2,500.
Other than a Trust, what other estate planning tools should I utilize?
Other than a Trust, what other estate planning tools should I utilize?
Our firm prepares Trusts, Pour-Over Wills, Springing Durable Powers of Attorney, and Advance Health Care Directives for all of our estate planning clients. The Pour-Over Will ensures that all your assets (the residual of your estate) passes to your Trust upon your death. Springing Durable Powers of Attorney and Advance Healthcare Directive are planning tools to appoint a representative ahead of time to make financial and medical decisions on your behalf in the event you become incapacitated.
I want my kids to inherit my assets, but not all at once. What can I do?
I want my kids to inherit my assets, but not all at once. What can I do?
Our firm creates specialized Trusts to fit all of our clients needs. It is common to include spendthrift provisions and Special Needs Trusts in our estate plans to ensure that our clients' end of life wishes are met.
Page updated
Report abuse