Estate planning is an area of law that requires the careful drafting of documents and preparation of asset distribution for after your death. A comprehensive estate plan can include wills, trusts, and other tools for protecting and bequeathing assets. Our asset protection lawyers have the experience to help you through this complex legal process and effectively prepare for the future.
In many circumstances, estate planning involves preparing a legal document called a will that explains what you want to happen with your assets after you pass away. Will and trusts both enable a person to provide clear instructions for how assets should be handled after a person is deceased and certain trusts can also provide some tax advantages to beneficiaries. A living trust is similar to a will in that it documents the manner in which you would like your affairs sorted after your passing. If you create a trust, you appoint a trustee to oversee the administration of your assets. A trust is placed into the hands of the trustee before their death, and the administration can take place while the individual is still living.
Many individuals do not take the time while in their prime to consider what will happen to their property after death. At Barth Calderon LLP, however, we encourage you to take action to protect your assets and property through the preparation of your estate. No matter what your age or the current state of your health, our attorneys at Barth Calderon LLP advise you to take active steps toward estate planning at once. Our firm can be your trusted advisor to ensure that your legal and financial affairs are in order for maximum benefit to all concerned. Contact us today!