California Family Law

Wills & Trusts

Having estate planning tools in place is an important part of ensuring the financial future of your family. Without putting these tools in place, you are turning your estate over to the State of California to decide what to do with your remaining assets. The attorneys at Kalfin Law will listen and find out what your wishes are concerning your estate and your healthcare.

Basic Estate Plan

A basic estate plan, which is usually adequate for most people, is made up of at least three legal estate planning documents:

  • Durable power of attorney
  • Will
  • Advance Medical Directive

 

Having a basic estate plan is a good idea for everyone, regardless of his or her age or health condition. And it is not expensive – it can be completed for a flat fee known to you in advance.

 

Complex Estate Plan

As a person’s estate grows and as family issues arise (for example: stepchildren, blended families, adult children with special needs), more complicated devices may be necessary to effectively execute your plans.

More complex estate planning can include:

  • Nursing home/assisted living concerns
  • Insurance planning and life insurance trusts
  • Revocable and Irrevocable Trusts (“Living Trusts”)

 

ACT NOW

Creating an estate plan, or revising an existing plan to reflect changes in your life, is one of the best things you can do for your loved ones.  If you have considered how your estate should be set up and merely put it on a TO DO list, you need to take the next step and DO it. Creating your estate plan or making changes is something for which time will not wait.  Make sure that your assets are distributed as you see fit.

Contact Kalfin Law to set up a free consultation.