Estate planning services
Our estate planning services begin with a thorough understanding of what you will need and your goals. Then we help you designate beneficiaries, decide how assets will be held (type of trust), how those assets will be disbursed (over time, through a trustee, in a special trust), specify directions for care, establish goals for the life of child in terms of financial support and guidance from others.
To lead our clients through this process, we have developed an estate planning worksheet. This worksheet will you prepare for our first meeting, making it easier to share your goals and concerns.
Although the basics of estate planning are the same, many of the specific documents may vary by state.
Estate planning in California
A typical estate plan for a couple in California will include the following main elements:
- A revocable living trust, to hold most of your assets and make sure probate is avoided
- “Pour-over” wills which nominate guardians of minor children
- Financial powers of attorney, authorizing those you trust to manage your financial affairs if you are unavailable or unable to do so
- Advance health care directives (formerly called “health care powers of attorney” or “living wills”), specifying your wishes for medical decision-making authorizing those you trust to carry out those wishes
We will help you choose the most appropriate trust for your use: revocable trust, specials needs trust, Crummey trust or irrevocable life insurance trust.
Our legal team will prepare all of these estate planning documents and once executed store a set at our offices.