Although estate planning can be quite complex, it is something that must be done and the time to do it is when you’re healthy. There are many estate planning kits available but ask yourself if using one is a good idea. Planning your estate is something that must be done in full accordance with the law and trying to save a few dollars at the planning stage may very well end up costing your family a great deal of time and money in the long run. It is always best to work closely with a knowledgeable estate planning lawyer in Anaheim.
Although creating a will on your own is not advisable if your estate is small and you plan on leaving everything you own to your spouse then perhaps you can do it with minimum risk.
Estate planning attorneys are necessary:
It is easy to make a major mistake when preparing your will or attempting to create a trust, by hiring an estate planning attorney in Anaheim you can eliminate the possibility of making a costly error.
All estate plans are governed by state laws. The laws are extremely specific on what can be done and what can’t. The laws specify who can serve as the trustee, who can witness a will or trust and what procedures and formalities have to be followed when the documents are signed.
An estate planning attorney knows what must be done and how to do it; the attorney knows how to solve complex financial situations in an effort to mitigate tax. There are many situations where specific estate planning arrangements must be made, perhaps you are a single parent, or you have remarried but have children by your previous spouse, or perhaps you have a disabled individual in the family that will need lifelong institutional care. It takes an estate planning attorney to properly evaluate these and similar circumstances and advise the best possible option which will allow you to meet your estate planning goals.
It is never a good idea to attempt to plan your own estate, to ensure that your goals are met you should always hire a seasoned estate planning attorney in Anaheim. You are invited to discuss your goals with the Law Offices of Norman J. Homen.
