Estate planning is essentially writing down your assets, who will be responsible for distributing or administering your assets in the event that you are unable to do to incapacity or death, how you want or assets distributed or administered, and to whom you wish to leave your assets.
The assets involved in your estate can include more than just money. It can also include houses, cars, stocks, artwork, real estate investments, retirement plans, and gifts, just to name a few.
Your estate plan can direct these items be distributed outright, held in trust for a period of time, used for a specific purpose such as a grandchild’s education, or given to charity.
By having a well-written, customized estate plan, you can ensure that your wishes are carried out and your goals are achieved while protecting everything you worked for from family fights, creditors, and unscrupulous predators who may wish to take advantage of your family.
Give yourself the peace of mind knowing that you have protected your legacy and your family by contacting the Law Office of James Dolenga today.
- What Exactly Does Medi-Cal Do to Help Your Aging Dad? - September 20, 2022
- Did You Know Your Mom Can Still Get Paid If She Can’t Work? - September 9, 2022
- What Does It Take to Qualify for SSI and SSDI? - August 25, 2022