Many people mistakenly put off estate planning up until their golden years. After all, it is not as exciting as buying your dream house or investing in real estate. But at the end of the day, you need to secure the fruits of your hard work. An experienced Bay Area estate planning attorney can guide you.
Estate planning is not just about ensuring your heirs and beneficiaries eventually gain ownership over a fair share of your properties. It is also about managing financial interests as you build your legacy throughout your life, coordinating decision making powers with others, and addressing future health care need contingencies by specifying how decisions should be made. These are prudent steps for an adult to pursue relatively early in life; they are not only important when one approaches retirement.
Aside from preparing Wills and Trusts, estate planning can incorporate a variety of components that form a comprehensive plan for managing decisions and interests in many areas of your life, from family to business. Our estate planning attorney can also help create a Health Care Directive where you can appoint a trusted person who will make medical decisions on your behalf. Your personal and medical needs may drastically change in an instant, regardless of your age. Our Bay Area estate planning attorney can help you prepare.
These are all concerns that should be addressed in advance, before unexpected life events force your hand. Make arrangements to control the important decisions that matter to you, and secure your legacy. Consult the team at Anthoor Law Group today.
Additionally, with a valid Will or Trust, you can have peace of mind knowing your loved ones will be in good hands once you pass. Our estate planning attorney at Anthoor Law Group can help you craft the following:
Effective estate planning usually involves the preparation of several coordinated components. Through a Will, you can write down how your properties will be distributed to your heirs and chosen beneficiaries. Some people also opt to establish a Trust instead of or in addition to writing a Will. Assets and properties are then transferred to the Trust, and an appointed trustee is charged with passing your properties to the intended beneficiaries.
Some individuals choose to create a Trust to avoid probate. This is understandable since probate would take more time and resources. However, some family members might contest the Will or the Trust and complicate the process further.
If you want to know whether a Will, a Trust, or a combination of both would be best for you, schedule a consultation with our Bay Area estate planning attorney today.
Estate planning is not only for older people. Life happens, and you have the opportunity now to plan for contingencies before they occur. When various issues arise, it is important to have the right documentation prepared to ensure you retain control over your financial and health matters. By working with an estate planning attorney, you can pursue your goals with peace of mind that you are doing so in coordination with your family legacy interests well in advance of your golden years.
The distribution of your assets or properties is not the only concern in estate planning. You have to make plans when it comes to your health. This is true, whether you are younger or older. Estate planning involves preparing for when events do not go according to your plans. If you are reaching your retirement years might mean more time for hobbies and travels, but it also means you have to be more careful with your health.
Whether we like it or not, life involves a variety of risks, and old age comes with more medical risks. At any time, you face the possibility of your incapacity or death, and both financial and health decisions must be made in such situations. To prepare for any eventuality, it is best to have a Health Care Directive or execute a Power of Attorney where you can state your wishes regarding the kind of medical care you would want to receive and who would be in charge of medical and financial decisions. Our estate planning attorney at Anthoor Law Group can help you get started with the process.
Call (510) 794-2887 or fill out the short form below. We will usually respond within 1 business day but often do so the same day. Don’t hesitate, your questions are welcome.
We respect your privacy. The information you provide will be used to answer your questions or to schedule an appointment if requested.
In the Bay Area, you need a legal team that you can trust to represent your interests and protect your rights. The attorneys at Anthoor Law Group give you the following benefits:
Life can be full of surprises. You might eventually acquire new properties or have new beneficiaries in mind.
To make sure your Will or Trust still aligns with your wishes and desires, you can amend them anytime while you are able. You may choose to write a new Will. Or if you have a Revocable Trust, you can either amend it, or revoke it and set up a new one from scratch.
Consult our Bay Area estate planning attorney, and we will guide you through each step of the process.
You might be wondering what exactly happens to your properties if you pass away without a Will or Trust. This is called dying intestate. In such cases, the laws of succession will take over. If you die intestate, then you have no control over the eventual transfer of your assets.
You cannot assume your properties will eventually go to your spouse, children, parents, or siblings if you fail to prepare a comprehensive estate plan. There is a significant risk that the interests involved in the complicated probate process will interfere and place your assets in jeopardy.
That is why it is advisable to prepare a Will, a Trust, or both as components of an estate plan to ensure your properties pass on to your intended heirs. Contact the team at Anthoor Law Group today to schedule a consultation and learn more about the value of our comprehensive estate planning services.
Anthoor Law Group, A Professional Corporation greatly appreciates your visiting our website. We hope the warmth, compassion, and competency of our firm has been conveyed to you. We look forward to meeting you and providing you with clarification on any family law or estate planning issues you are experiencing. Please reach out to us by phone at (510) 794-2887 or online form, and someone will be with you very soon!
Call (510) 794-2887 or fill out the short form below. We will usually respond within 1 business day but often do so the same day. Don’t hesitate, your questions are welcome.
We respect your privacy. The information you provide will be used to answer your questions or to schedule an appointment if requested.
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Anthoor Law Group, A Professional Corporation a law firm, is conveniently located in Fremont, California. We are committed to providing each of our clients with the highest quality of legal representation possible.
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