Estate Planning Lawyer in Los Angeles, CA
Many have heard that estate planning is for the wealthy and has very little value to “everyday people” or the “average” income earning family. Perhaps, you’ve heard that it’s only for the elderly, a scheme to reduce taxes, or a plan to distribute the type of assets you may or may not ever own. We beg to differ!
While the misconceptions about estate planning are plentiful, the fact still remains that every family can benefit from having a plan of their own, one that has been designed for their unique family dynamic, and one prepared by a law firm that understands the essentials that make an estate plan work.
Simply put, estate planning involves planning for every stage during your life, not only for what happens after your life. For example, an estate plan can provide for and ensure the care of your children if something happens to you, your spouse, or the both. It may protect your assets and good credit if you become incapacitated and lose the ability to manage your finances. Most importantly, estate planning gives you control, and the peace of mind that comes with proper planning for your future, in addition to easing the burden on those who will handle your affairs when you’re gone.
Here are a few of the features that our estate plans provide to accomplish your goals:
- Revocable Living Trusts
- California Advance Health Care Directives
- HIPAA Authorizations
- Financial Powers of Attorney
Lastly, your financial wealth is only one dimension of what you may wish to pass on to your children and others. Our plans can be designed to capture your values, intellectual property, spiritual beliefs, and other intangibles that comprise your legacy.