How To Prepare For The Unexpected
Many people feel that they can wait until they become seriously ill, old or infirm to decide on how to divide their assets, set up a trust or legally decide whom to leave the house. In fact, people feel they have plenty of time to craft a last will and testament or create a trust for their children.
The Best Time To Plan Is Now
Everyone who has a steady income, house, spouse or children should have a clear and straightforward will. Additionally, trusts can help the estate avoid probate and ensure that there are funds for children’s education, medical and travel needs. If you just got married, had a baby or bought a home an estate plan is crucial.
At Sakamoto & Ruelas, APC, our focus is estate planning: it’s not just what we do, it’s all we do. We have helped numerous young professionals and working people create clear and simple wills and uncomplicated trusts that protect their assets and families.
You Do Not Need To Be Rich To Need A Will
Wills and trusts are not only for the rich. They are safeguards for everyday people who want to ensure their spouse, partner, family and children are cared for should the unexpected happen.
Many people don’t realize that unless they have a valid will the state will decide which family member receives your property. It is therefore important to put down in legal terms what you want to happen if you should die. The probate process can take months (but often a year or more!) and can cost unnecessary fees. An uncomplicated trust can not only help your estate avoid the probate process but can ensure that your assets are distributed per your wishes.
What Makes A Good Estate Plan?
A plan that is tailored to your family’s specific needs with clear instructions and no ambiguity is the best way to make sure that your assets, savings, jewelry, car, retirement and home are distributed to the people you want to receive these items. A lot of times people think they can just download a document online when in reality unless done perfectly this can lead to confusion, make things more difficult for family members, and lead to costly and unnecessary litigation after your passing.
Understanding Your Options
Not sure of what your options are? We can help clarify the steps you need to take to reach your goals. At Sakamoto & Ruelas, APC, we provide advice, options and education so you know how to distribute your assets.
Three Documents Everyone Over 18 Needs in Case of Incapacity or Death:
- A Clear Will
- Power of Attorney for Finances
- Power of Attorney for Health
If you do not have these things or have not updated an old will, then call to set up a time to meet with our qualified estate planning attorneys
Your Southern California Estate Planning Firm
With years of focused estate planning and probate experience our lawyers are ready to assess your needs and create a plan that is tailor-made for your unique circumstances.
At Sakamoto & Ruelas, APC, we help you prepare for the unexpected. We can help, no matter what your California estate planning needs. Call us today at our Buena Park office at 714-598-3723 or fill out our online contact form and we will get a hold of you.