Estate planning is something that just about everybody needs. If you die without an estate plan in Sacramento, the State of California has one for you. You probably won’t like it, however. An experienced estate planning attorney in Sacramento can provide comprehensive, thorough and clear advice and counsel regarding different types of documents that can be used to complete your personalized estate plan. This is one of the most important things that you can do for your family, especially if you have minor children.
Another consideration that estate planning provides for is the reality that we’re all living longer. Some of us will reach the point where we might become physically or mentally unable to care for ourselves or attend to our own finances. Without appropriate planning, it’s likely that a guardianship proceeding will be the only option that your family has. You could end up with a guardian who you neither trust nor have confidence in.
A will or a trust is the foundation of any estate plan. Each instrument gives instructions on the disposition of our property when we pass away. Most wills go through probate. Little can be done in the administration of an estate while waiting for a claims period to expire. With a revocable living trust, a successor trustee can begin distribution of an estate’s assets immediately. If all of a person’s property has been conveyed into a revocable living trust, there will be no need for the burden, delay or expense of probate court.
When you make prudent decisions today to protect and preserve the assets that you’ve worked a lifetime to accumulate, you can still enjoy them. An estate planning attorney from Sacramento can provide you with an effective estate plan that is tailored to fit your needs. Secure the future of your family by putting one in place.
