Irvine Estate Planning Lawyers
Personalized Legal Solutions for Your Estate
The potential components of an estate plan are as varied as one can imagine. Usually though, it will involve:
- Control over financial and health care decisions;
- Planning for the transfer of wealth;
- Business succession planning;
- Legacy planning; and/or
- Addressing unique and specific issues for each client.
As is with all of our clients, our boutique style atmosphere provides clients with personal attention and personalized plans for your unique circumstances. Financial Relief Law Center, APC handles the creation of wills and trusts and work with individuals and families.
What Is An Estate Plan And Why Do I Need One?
An estate plan is a comprehensive collection of legal documents stating your preferences for asset distribution and the management of your affairs in the event that you die or become disabled. It often includes key documents such as a will, trust, power of attorney (POA), and a health care directive.
The primary reason you need an estate plan is to ensure your wishes are honored after your death. It provides clear instructions about who should receive your assets, minimizing the potential for family disputes. Furthermore, it can help avoid the lengthy and costly probate process, which can be stressful for your loved ones during an already difficult time. The probate court maintains control until the estate has been settled and distributed. The probate court may freeze assets for weeks or months prior to disposition. With proper planning, you can avoid this muck.
Furthermore, an estate plan empowers you to designate guardians for your underage children, guaranteeing they are looked after by individuals who you trust. It also allows you to assign reliable persons to handle your financial and health-related decisions if you ever become incapacitated and are unable to do so yourself.
If you want your family to be able to immediately take over for you, it's essential that you work with an attorney to create the proper legal documents to designate a person or persons that you trust so they will have the authority to withdraw money from your accounts, pay bills, take distributions from your IRS's, sell stocks, and refinance your home. Many people think that a simple will can effectively protect them, but you may need additional planning prior to your passing.
For peace of mind knowing that your wishes will be respected, your loved ones will be cared for, and your legacy will be preserved according to your preferences, be sure to get started on your estate planning as quickly as you can.
What goes into an estate plan?
As attorneys who routinely support consumers in potentially dire financial straits, we are empathetic and compassionate about what these problems mean to our clients. More importantly, we’ve grown to understand how important it is that we only deliver our best possible work so our clients’ chances of getting the best possible outcome are secured.
- Free Consultations
- Constant Client Communication
- Solutions Fit for Your Unique Case
- 30+ Years of Combined Legal Experience