As Ambrose Bierce says, “Death is not the end. There remains the litigation over the estate, “it is essential to plan your estate while you are young to ensure that it is handled according to your wishes. Death is one of the uncertainties in our life and can come at any time following a debilitating illness or without warning.
If you are residing in California and die without a valid will or any other provision to distribute your money and property, your estate is passed to your heirs according to California Laws of intestate succession which is found in the California Probate Code. The court will analyze and supervise the transfer of your property and assessment through a legal process called probate.
Estate planning is a complicated process, and one wrong word can change the intent of your will or trust. So, you will need a professional estate planning attorney in Carlsbad CA to help with your estate planning. Still not convinced? Here are a few reasons that justify working with an estate planning attorney is a wise decision.
You will need more than just a ‘Will’
There is a common misconception that estate planning means getting a will. But, it is actually more than that. Of course, it is the actual part of gathering all the details about your property and creating a customized plan, but, there are other legal documents to ensure the estate plan functions without any hitch. So, you will not only need to draft one legal document and get it right, but several including power of attorney, living trust, and advance health care directive.
Drafting a thorough estate plan is a complex process, and handling to a responsible Carlsbad estate planning attorney will alleviate an immense burden on you. Estate planning involves a lot of work to write. So, it is better to let the professionals handle it.
Without an estate plan, your family may end up paying more in the long run in professional fees, court costs, and taxes after your death. Using an attorney to plan your estate is a long-term economic advantage.
Along with expertise, an estate planning attorney in Carlsbad CA offers objectivity. Is your 18 old kid matured enough to handle your property worth a million dollar? Is it a good idea to leave your entire estate to someone you trust? It doesn’t sound like a wise idea. An estate planning attorney can give you unbiased, direct, factual information.
Hope you are convinced. Feel free to contact your estate planning attorney to help plan your estate.
The author works for a reputed estate planning law firm in Carlsbad CA. Along with a team of professionals, he helps clients in estate planning to avoid probate, un-necessary taxes, and legal fees. Visit https://www.rassmanlaw.com/ for more details.
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