Estate Planning Strategies And Solutions
You may be a young couple anticipating the birth of a child, a professional at the height of her career, a family wondering how to handle the costs of aging, or a retiree hoping to pass on a legacy to his children. Whatever your position in life, you need to invest in a carefully designed, appropriate estate plan.
We at the Gostanian Law Group understand that a critical message is conveyed by a carefully drafted will or trust. Knowing what can go wrong, the lawyers at this firm can help you avoid problems at the start.
“Planning is a process of choosing among those many options. If we do not choose to plan, then we choose to have others plan for us.”
-Richard L. Winwood
The goal of estate planning, incorporating the basic elements of a will, power of attorney, living will and possibly one or more trusts, is to help people direct how their assets are to be distributed upon death and to ensure that the distribution is as efficient as possible (by limiting tax liability and minimizing the risk of litigation). If you fail to properly plan, California statutes determine how your assets are distributed during probate. Our experienced estate planning lawyers can help you develop a plan that will provide for smooth administration of your estate.
Achieving Your Goals — Providing Peace Of Mind
A good estate plan takes into consideration each individual’s objectives, potential estate taxes and the needs of potential heirs. Failure to properly plan could cost your estate thousands of dollars that would have otherwise been passed onto your heirs. We provide comprehensive estate planning counsel, including:
- Wills, codicils and amendments
- Revocable living trusts
- Special needs trusts (both first-person and third-person)
First-person (i.e., via a personal injury award) Third-person (i.e., via family members)
- Powers of attorney
- Transmutation agreements
- Living wills
- Advance health care directives
- Customized estate plans
Trust And Estate Administration
Our experienced trust and estate attorneys will help guide you to ensure that the intent of the person who wrote the will or established the trust is carried out. Contact us to learn how we can help with probate, trust and estate administration.