Advance Planning is Required To Take Control of Your Assets
A Wall Street Journal interview with reporter and editor Rachel Emma Silverman, author of The Wall Street Journal Complete Estate-Planning Guidebook, provides some useful information on taking control of your assets:
Although making an estate plan takes time, money and effort, the results - having control over how your assets pass to heirs and how your health and finances will be handled in case of your incapacitation -- are well worth it.
The two largest estate planning mistakes people make are not having a plan or waiting too long to create one.
Building in flexibility is key to a successful estate plan, since personal circumstances and tax laws are ever-changing.
Trust and estate laws vary by state, so choose a California estate planning attorney if you live in California.
If your estate is complex, work with an estate planning attorney.
Having an estate planning attorney develop the plan and strategies for your individual situation is well worth the money.
The Flanigan Law Group provides Southern California residents with personal attention for estate planning, administration and litigation legal services. When disputes between families, arise, they are very successful in resolving legal estate issues quickly and efficiently while preserving financial and emotional resources. Contact the Flanigan Law Group at 949-450-0042.