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 $2,000,000, 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
Recent articles published on this topic:
*
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
*Rights
of Cohabitating Seniors
Santa Clarita Valley Signal - November 16, 2007
*Communication
is the Key in Locating Estate Documents and Passwords
The Magazine of Santa
Clarita Valley - November, 2007
*Adopting Transfer on Death Deeds
Santa
Clarita Valley Signal - 09-15-2006
*Good Samaritans - Beware of the Law
Santa Clarita Valley Signal - 9-01-2006
The
information here is presented as a guide. Please consult an attorney for specific
advice.