A Few Important Notes on Estate Planning, Part I
Posted By Claery & Green on May 5, 2010 1:45pm PDT
Estate planning is very important and something that everyone needs to consider. If you wait until it’s too late to plan your estate, then those you love the most may be excluded from receiving what you want them to receive after your passing. Your wealth may be eaten up in taxes, spent on administrative costs, or distributed wrongly amongst squabbling heirs.
The importance of planning your estate (even if it is not a large one) while you are still alive cannot be underestimated. This allows you to choose who you want your property distributed to in the manner that you want, and when you want. It will enable you to save money on taxes, court fees, and attorney fees and will give you the peace of mind knowing that your family or friends will not be unnecessarily burdened with financial stresses after you’ve passed on.
You should consult an attorney who has the experience to help you prepare your estate and ensure it is done correctly. If you are in the Los Angeles area and are interested in drafting a will or estate plan, please consider contacting a California estate planning lawyer at Claery & Green. We will meet with you to discuss your wishes to ensure your will, trust, or estate plan are drawn up and carried out the way you want them to be. Contact our office today to schedule an appointment by calling 877-856-4111.