2011: San Diego Estate Planning for Families
Estate planning entails developing a plan to manage your assets during your life time and establishing a plan to distribute your assets after death. Part of your Estate Planning include assets you may own jointly or separately. You should seek the advice of an attorney that specializes in Estate Planning for Families developing your plan.
An estate includes all assets of value including property, investments, insurance funds, and personal effects. Developing a plan to manage your estate will help you accomplish your personal and family goals. If your estate is substantial and taxes are a concern, you can develop a plan that will minimize your tax burden. In the event of death, your estate plan will ensure your assets are distributed to your loved ones.
An attorney that specializes in 2011 San Diego Estate Planning for Families will develop your plan using several methods including:
- Last Will and Testaments
- Living Trusts
- Designation of Beneficiaries
- Lifetime Gifting
- Life Estates
An experienced attorney that offers the services of Estate Planning will help you develop a plan to preserve your estate and coordinate the various methods to pass on your estate to your family. Your attorney will create an estate plan that will ensure your assets are distributed as you wish and to whom you wish. You will be assured your family will avoid the public and costly process of probate. In addition, you will minimize the amount of taxes that will be paid on behalf of your estate. The first step of estate planning is choosing a qualified attorney that specializes in Estate Planning. An experienced attorney will develop a plan that will meet your financial goals and ensure your estate is distributed to your family upon your death. A well crafted estate plan will provide peace of mind for you and your family.