Pasadena Area Wills And Trusts Attorney
An estate plan is essentially a legal roadmap for your future. It allows you to voice your wishes and prepare for unexpected events in advance. A thorough estate plan can avoid headaches, misunderstandings, needless court proceedings, and wasted money down the road.
The Importance Of Proactive Planning
Many people make the mistake of perpetually putting off this important legal step. While it may be overwhelming to think about the uncertainties of the future, establishing an estate plan is an empowering way to take control and gain peace of mind. The sooner you get started, the better.
At the law firm of Robert G. Petrovich, Attorney at Law, we have helped generations of clients look forward to a more secure future. You can rely on our 35-plus years of experience. Call our Pasadena area wills and trusts lawyer at 626-792-5955 to arrange a private consultation.
Estate planning doesn’t have to be a chore. We help make the process as easy, stress-free and hassle-free as possible.
What Are The Components Of A Typical Estate Plan?
A solid estate plan typically requires several elements. Depending on your situation, you may need some or all of the following tools:
- A last will and testament
- Durable powers of attorney
- Advance health care directives
Wills and trusts deal primarily with your property and finances. They allow you to establish a legacy, make meaningful distributions and minimize estate taxes. Through these tools, you can also designate a guardian for your minor children, a trustee or personal representative for your estate and other important roles.
Powers of attorney are designed to protect you from lengthy (and costly) conservatorship proceedings. In the event that you become incapacitated, a trusted person of your choosing will have the legal authority to carry out your wishes — without having to go through the expense and delay of probate court proceedings.
An Advance Health Care Directive (AHCD) is designed to state what actions you want (or do not want) to be taken regarding to your health care when you may unexpectedly be in a position where you cannot speak for yourself, such as an accident, severe illness or incapacity. You can appoint an agent and/or provide detailed instructions about your health care wishes using this directive. We recommend all individuals over 18 years of age execute this document, including adult children leaving for college/school, or military service.
Maximizing The Value Of Your Estate Plan
Like a cherished car, your estate plan will need regular maintenance to perform at an optimum level. As your life situation changes, so does your estate plan. Periodic updates are essential for maximizing the value of your estate plan.
Our firm handles both the initial estate planning process as well as changes and updates down the road. To learn more, contact us today for a confidential meeting. Our office is conveniently located in San Marino, California.