Do You Qualify for a California Estate Plan?

4:16 pm California Trusts, Estate Planning

estate planning image 284x250 150x150 Do You Qualify for a California Estate Plan?We’ve heard it a million times: trusts are just for the wealthy and estate planning is for old people.  However, recent research says that only 3 out of every 100 Americans over the age of 65 are set up to live comfortably in the years following their retirement.  Are you betting on being one of those three?

This scary and sad prospect should be a warning sign to younger Americans that only early planning will net you a comfortable retirement. Even if you end up having to borrow against a retirement fund later, just having one gives you a huge advantage.

People in their mid-20s should be thinking about estate planning, even if they plan to switch careers or are still in school. Just adding 5-10 percent of a paycheck to a Roth IRA once or twice a month will add up more than you think and can be a nice spring board to a fuller fund — and a better retirement.

For those who have yet to speak to an estate planner, now is the time, even if you don’t think so. By not knowing your options, you limit yourself to what you know — and most likely, you are not a financial analyst or asset protection lawyer who knows the ins and outs of trusts and estates.

You can create a better tomorrow for yourself at any age.  Contact our Newport Beach law firm for more details.


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