WHAT IS ESTATE PLANNING?
Estate Planning addresses two very important areas:
1. In the event you become incapacitated, estate planning protects you
and names who will make financial and health care decisions for you. It also
provides your instructions for the person(s) you name to follow in carrying
out your financial and health care decisions. It typically allows you to avoid
any future court involvement in the event you become incapacitated because
your estate planning provides legal authority to your appointed agent(s) to
manage your affairs in such an event.
2. Estate planning offers protection by providing for the orderly
disposition of your assets upon your ultimate passing.
Properly drafted estate planning provides the time and manner your
beneficiaries will receive your assets, preserves the maximum amount of
wealth possible for your beneficiaries by minimizing tax liability, appoints an
agent(s) to make financial and health care decisions for you in the event you
are unable to do so yourself and names a guardian for your minor children (if
Estate planning is often a delicate and uncomfortable topic to consider.
However, by planning in advance you can protect your family and loved ones
from much anxiety and expense later.
DO I NEED AN ESTATE PLAN?
The simple answer is “yes,” everyone needs estate planning. At the very
least you should have an Advance Health Care Directive, Durable Power of
Attorney for Finances and a Will. Additionally, a Revocable Living Trust is
often recommended to avoid lengthy and costly probate proceedings.
Contact our office today to schedule a FREE consultation in our office or at
your home. Our law office has three convenient office locations serving Los
Angeles County and surrounding areas. We also accept cases and can
arrange for meetings in Ventura County, Orange County, Santa Barbara
County, Riverside County and San Bernardino County. Please also take time
to review our “Estate Planning Frequently Asked Questions” for additional
Attorney at Law
Phone: (800) 852-1239 or (661) 295-4604 FAX: (661) 295-4605
Our office serves Los Angeles County, Ventura County, Orange
County, Santa Barbara County, Riverside County and San
**This information is designed to provide a general overview with regard to the subject matter. It is not intended, nor should it be interpreted as legal advice.
Use of this web site does not create an attorney-client relationship. You should consult an attorney for individual advice regarding your particular situation.
© 2015 Sean Ethington, All Rights Reserved
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