Don't underestimate the value of your estate--it
includes your house, furniture, furnishings, stocks, bonds, bank accounts, jewelry,
car, computer--everything you own. By setting forth an estate plan now, you can
avoid having the State decide who will receive your property. And, if your estate
is worth more than $3,500,000, you can reduce federal estate taxes due upon your
death.
Most people
use a will or revocable living trust to implement their Estate Plan, but these,
however, are not the only documents encompassed within such a plan. For the most
part, these documents deal with the distribution of your property at death. Today,
many people realize they could experience a period of incapacity prior to death
that would require a third party to manage their financial affairs or medical
decisions.
Without
proper planning, the only alternative would be a court-supervised conservatorship
proceeding. Your family and friends will avoid unnecessary grief and expense if
you layout an Estate Plan in advance.
RECENT
SPEAKING ENGAGEMENTS
Santa Clarita Valley Bar Association - June, 2008
California
Retired Teachers Association - SCV Branch - September 9, 2008
Recent articles published on this topic:
*
Advance Care Planning for Individuals with Developmental Disabilities
The Magazine
of Santa Clarita - May, 2009
*The California Long-Term Care Ombudsman Program
The
Magazine of Santa Clarita - April, 2009
*Keeping
Your Estate Plan Current
The Signal - Santa Clarita Valley - February 13,2009
*Update
Your Beneficiary Designations
The Magazine of Santa Clarita - January, 2009
*
Is My Will Still Valid If I Move To Another State?
The Magazine of Santa Clarita
- November, 2008
*Make Your Funeral Arrangements Before Death
SCV Signal-
"Its the Law", November 14, 2008
*Dividing Family Possession Before
Death
SCV Signal - "Its the Law", October 3, 2008
The Magazine
of Santa Clarita - December 2008
* How to be an Effective Health Care Agent
The
Magazine of Santa Clarita - October, 2008
* How to Make It Less Likely that
Anyone Will Contest Your Will
SCV Signal - "It's the Law", July 4,
2008
* New Developments in Capital Gain, Property Taxes
The Magazine of
Santa Clarita - June 2008 and
SCV Signal - "Its the Law" - June 13,
2008
*Donating
Your Body To Science After Death
The Magazine of Santa Clarita - March 2008
*
Planning For Your Pet's Welfare
The Magazine of Santa Clarita - February 2008
The
information here is presented as a guide. Please consult an attorney for specific
advice.