Estate Planning in Riverside County

Get an experienced Riverside estate planning lawyer on your side!

You may be wondering why you need an estate plan, or you may be wondering what exactly an estate plan is. An estate plan is essentially a combination of documents that legally designate the future of your assets, the care of your dependents, and the care of yourself in some cases. If you are nearing the end of your life, it is vital for you to learn about estate planning and to begin building the plan that you need in order to accomplish your goals. It is highly recommended that you have legal assistance on your side in this process, and a Riverside estate planning attorney from our firm can work with you to build a comprehensive plan that ensures your protection and the proper administration of your estate. It is important to recognize the various provisions that an estate plan can make.

Estate Plan Elements in California

In order to build an effective estate plan, you need to ask yourself several questions, and you need to have answers and information regarding the following elements if applicable:

• What is the value of your estate?
• Who do you want to receive these assets, and when do you want them to receive them?
• Who will manage the assets if you cannot?
• Who will be responsible to care for minor children if you become unable?
• Who will make legal and healthcare decisions on your behalf if you become unable?

The most fundamental element to any estate plan is a will. A will makes general provisions as to how you want your assets distributed, how you want to be buried, and other elements. If there is the possibility of you becoming unable to manage your assets, you may benefit from a trust in order to have an individual care for these assets until they are distributed. Another crucial element is assigning an individual to be responsible for care of your minor children after you die or become unable to do so. In addition, healthcare and legal powers of attorney will help ensure that an individual whom you trust is responsible for decisions concerning your care and provision, as well as other business decisions.

Contact a Riverside estate planning attorney at Sandoval Legacy Group, a Division of Holstrom, Block & Parke APLC today!

As you can see, there are vast elements involved in an estate plan, and there are a number of various issues that must be addressed concerning your future and the future of your estate. While it is possible to prepare an estate plan on your own, it is recommended that you have an experienced legal representative on your side to help you prepare an effective plan the first time. Contact Sandoval Legacy Group, a Division of Holstrom, Block & Parke APLC today for the assistance that you need in preparing a comprehensive plan for your estate.