Avoiding Planning is Not a Good Plan for Your CA Estate

4:57 pm Uncategorized

Point blank: anyone can die at any time and the only thing it takes to die is to be alive. No one wants to hear this or discuss it aloud, but when it comes to financial planning for your family after your passing, it’s a topic that needs to be tackled head-on.

You hear people remarking all the time how young they feel — it’s true, people are living longer, taking better care of themselves, exercising, eating right, and improved medical care and pharmaceuticals are adding on to our lifespans. But, no matter how well you are, life is filled with unexpected events. The last thing your family needs is to survive you and mourn you… and then have to wonder what kind of financial shape they’ll be in because you didn’t plan properly with the counsel of a California asset protection lawyer.

ConsumerAffairs.com discusses a scary truth in an April 2010 posting — 32 percent of married women over the age of 55 have been widowed. 55 is not old these days!

Jan Yager, Ph.D. writes, “You may think you need a will, and you do, but there might even be a better way. Every state is unique but the California lawyers I spoke with recommend a revocable trust as a way to save your survivors the time and money of going to probate court as well as providing some possible tax benefits.” Any California estate planner would wholeheartedly agree with Yager.

So what’s the lesson here? If you haven’t already looked into a California revocable trust for the well-being of your family’s future, get on it. There’s no time like the present to start planning for tomorrow!

Contact us today and let our Newport Beach law firm help you with all your financial planning needs.

Leave a Comment

Your comment

You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.