Our team is here to become your trusted advisors and take a personal approach to the law. Establish an estate tax plan by taking all of the appropriate steps. This will make sure that you can properly protect yourself and your loved ones. Estate planning in Sherman Oaks CA remains one of the best processes to manage your wealth. And also prevent the chance that your loved ones will experience financial stress after you pass away. Having a legally defined plan for managing your wealth while you are alive. As well as a plan for the division of your estate after you pass away is extremely important. An estate planning attorney in Sherman Oaks CA will be able to determine the right distribution of assets for settling your estate. And how you can save on unnecessary taxes and liabilities associated with your estate planning.
Estate planning experts will be able to use wills and trusts as part of your estate planning. These are not just tools for the wealthy, wills and trusts help to fulfill a series of financial objectives. Like choosing how your estate will be divided, the avoidance of probate, setting aside assets for designated beneficiaries, and more. Living trusts are not subject to probate. This can be an excellent way you can save on a series of costs related to your estate. As well as ensure that all provisions regarding your estate remain private.
Estate planning in Sherman Oaks CA with the help of a trust can be a revocable or irrevocable contract. Working with a professional attorney will help you to establish an estate that could be terminated with your permission. Legacy planning can also be modified to satisfy the changes in your family if someone were to pass away early. Or to establish advanced care directives if you fall sick or incapacitated.
Find ways to reduce hassles at each level of your estate planning. Making sure that trust certifications pour over throughout generations is an important aspect of your estate planning process. Do you want to ensure that your assets will be distributed according to your wishes? If you’d like to reduce the financial burden on your family, we highly recommend estate planning in Sherman Oaks California.
Our legal team is available for your needs today. Whether you need your estate plan reviewed or you would like to establish an estate plan for the first time. Contact us for a free consultation on your estate planning in Sherman Oaks California. We can determine the ideal type of estate planning tools that we can use. This will make sure your assets can be properly distributed if you were to pass away. We want to deliver timely and transparent answers throughout the process of estate planning. And also to reduce the hassles associated with your estate plan during a difficult time.
Schedule a FREE consultation with our Sherman Oaks estate planning lawyers. We will give you personalized legal advice based on your needs. Call us now!
If you don’t have an estate plan or living trust, the people you care about may have to go to probate court to fight for their rights. This could include your home, bank account, investments, and even guardianship of minor children. They may also have to fight for control over their healthcare and end-of-life decisions if they are incapacitated but still alive. Going to court can be very expensive for your family, costing a lot of money and taking months or even years to complete. In some cases, it can even damage intimate family relationships.
If you are very ill or have passed away, it is too late to create an estate plan. Your children will not be able to create one for you after you are gone, even if they know your wishes. Unfortunately, without a complete and legally binding estate plan, your family is likely to end up in court.
Estate planning in California is unique and requires specific strategies to maintain Proposition 13 tax limits, handle Medi-Cal concerns, and more. Simply searching for an “estate lawyer in California” is not enough. A good estate planning attorney will take the time to understand your family and their concerns, identify the specific issues you may face, and create a tailored estate plan that takes into account all of your assets, including serious tax planning.
A good estate plan in California will also be updated and maintained over time to ensure it remains relevant and up-to-date with the latest tax laws and court rulings. This cannot be done with an automated estate planning tool or template, and attempting to do so could cause disastrous consequences for your family.
No, a last will and testament in California do not constitute a complete estate plan. A will is not a legally binding document and essentially serves as a letter to a judge who will decide your estate. Your heirs may need to pay a lot of money for lawyers and court fees and spend 6-18 months probating if you only have a will. Additionally, a will does not clarify what will happen if you become incapacitated, leaving your family in a difficult position.
If you require the services of a competent estate planning lawyer in Sherman Oaks, CA, the legal team at Tenina Law is here to help. With years of experience in the field, our lawyers possess the expertise and knowledge necessary to address all of your estate planning needs, including wills, trusts, probate, and asset protection.
We understand the importance of securing your assets and providing for your loved ones in the future, and we are committed to providing you with comprehensive legal guidance to help you achieve your goals.
Contact us now to schedule an appointment for estate planning in Sherman Oaks California with Tenina Law.