Categories: Uncategorized

Estate Planning in California

Everything about California is diverse, from our diversity of topography to our diversity of culture. Families are no exception, as California families come in all types and sizes.

The key to successful estate planning in such an environment is to be aware of that diversity and take actions to resolve the legal issues such diversity can bring to wills, trusts, and other estate planning vehicles. 

Think of Your Spouse

Whether you just got married for the first time or you are enjoying life after a subsequent marriage, your marital status will have an impact on your estate planning needs.

Once you are married it is a good idea to make sure you have a will that addresses your separate and marital assets. And, if you have children from a previous marriage or relationship, it is important to address which assets you want them to gain control of in the event of your death.

Think of Your Children

Children add a new wrinkle to estate planning needs. Not only will you need to decide how you want to divide assets among them, you will need to consider the needs and circumstances of your individual children. Do you have children who struggle with substance abuse you do not trust with a lump sum of cash? Do you have children who need funds set aside for their special needs care? Do you have children from multiple marriages? These are all factors that a thorough estate plan can prepare for.

Don’t Leave Your Estate To Chance

Making sure you keep your estate plan up to date as your marital status and family life evolves can avoid contentious estate litigation in the future. Having an estate plan in place and the peace-of-mind it provides can be one of the greatest gifts you leave your loved ones. Contact us today to learn more.

Louis Pacella

Recent Posts

Here’s Why You Want to Do all You Can to Avoid Probate When Working With a Will

IntroductionWhen working with a will, it is important to understand the legal process of probate and…

1 year ago

Unmarried Couples: Don’t Forget Your Estate Plan – Living Together Requires Different Legal Preparations

Estate planning is an important consideration for all individuals, regardless of their marital status. However,…

1 year ago

Protect Your Family With a Trust

Your family is not just your own. Bringing up children can be difficult, especially when…

2 years ago

Why You Should Review Your Estate Plan Before Vacation

Planning a vacation can be so exciting. You are ready to race out there, wherever…

2 years ago

Even If You Have Only a Few Assets, Speaking to an Estate Attorney Specialist Is a Must

Factors to Consider When Selecting an Estate Attorney SpecialistSearching for an estate attorney specialist to…

2 years ago

The Holidays Are a Great Time to Bring Up Estate Planning With Your Spouse: Here’s How

Death and taxes are inevitable, right? If you can discuss taxes with your spouse, you…

2 years ago