What is Estate Planning?
Estate planning refers to the process of making the necessary arrangements so that everything you own during your life will go to the right people and so your decisions will be honored in the event you die or become incapacitated.
Estate planning isn’t only for the wealthy. It ensures your assets and finances are properly taken care of after your death. It also involves authorizing family members or an attorney to execute your wishes if you become incapacitated while still alive.
Two of the most common estate planning documents are a will and trust. A will is a written document that lays out how to distribute your property according to your wishes after you die. Its wording is critically important and must be drafted according to state laws. Trusts are created to allow smooth and automatic transfer of ownership of assets to beneficiaries without having to go through the time and expense of probate. A trust can also give the third party (the trustee) rights to hold assets and property on behalf of and for the benefit of a beneficiary.
We are Estate Planning Lawyers in Sacramento and Placer County
Estate planning in California requires compliance with California law to ensure legal validity. For your estate planning in Sacramento and Placer County, GAJP’s attorneys can tailor your estate plan to your individual needs. We will guide you to prepare Sacramento and Placer County wills and trusts that meet all the legal criteria to be enforceable in the state.
We Help Californians Prepare Trusts and Wills
The experienced lawyers at GAJP can help prepare a personalized and comprehensive California estate plan and other legal documents necessary to carry out your goals. We also help our clients with Advanced Healthcare Directives (AD) that designate an agent to make decisions on your behalf if you become unable to make critical end-of-life and other healthcare decisions and powers of attorney so that a designated individual can act on your behalf for financial matters.
Contact us today to begin the process of creating or updating your estate plan. Let us help you craft an estate plan that maximizes tax advantages, protects your valuable assets, and provides the significant people that matter most in your life with the best benefits.
