Estate planning is something everyone needs to go through, no matter the size of their estate. With proper planning, individuals can rest assured their assets will be distributed according to their wishes when they die. With this information, individuals will discover what they can expect from an Estate Planning Attorney in Redlands CA.
What Happens During Estate Planning?
It is important individuals fully understand what they can expect from an Estate Planning Attorney in Redlands CA. An attorney will help their client through each step that is involved in the estate planning process so they will be able to be prepared and make pragmatic decisions that will benefit the planning process. The following components are included in almost every estate plan.
- A will is a legal document that is considered the last will and testament of an individual. The will is meant to be read after a person’s death. The will names the final wishes of the deceased and how they want their property split. Without a will in place, an individual’s estate will be split up by the state and may not reflect the true wishes of the deceased.
- The process also involves naming the power of attorney. A power attorney is named to take over major decisions for the individual’s finances and their health care proxy if the individual is also granted medical power of attorney. If a person should become incapacitated, this named person has the legal right to make important decisions on behalf of the individual.
- The individual can also set up a trust that will help them protect their heirs from probate. Setting up a trust helps to secure an individual’s assets and ensures the heirs will be able to receive these assets without the burden of taxes and the long process of probate.
Get Started Right Away
Those who are interested in estate planning and would like to learn more should visit Auton-beckbetty.com. Call the office today if you would like to schedule an appointment for estate planning. With the help of an attorney, the process of planning will go by more smoothly and will be less stressful. You can also visit them on Facebook.