Estate planning is crucial to keeping control of your financial future. Coping with the death of a loved one is difficult enough without having to scramble to unravel financial documents and pay death taxes. When you meet with an estate planning attorney in Encino, you can build an estate plan that will support your wishes and help your family.
A&T Legal Group has the experience and insight that can spare you and your heirs many burdens. We will listen to your wishes and craft a plan to protect your assets for future generations and reduce or even eliminate taxes and probate court costs.
Estate plans can preserve your valuable assets instead of letting the state or federal government gut them. Many legal tools allow you to allocate assets strategically and avoid high taxes. Our trust and estate planning lawyers will research all legal angles to create a plan guided by your goals.
Your trust and estate planning attorney will also help you consider long-term care costs. Years spent in a nursing home can consume a large estate. But an estate plan can shield your estate from this situation.
If you do not have an estate plan, your final affairs will be handled by the probate court system. This public process can be time-consuming, expensive, and may not provide the results you would have wished for.
Trusts are an important set of legal tools. One example is a dynasty trust that can provide income to heirs while preserving the principle amount. Of great importance is its ability to keep assets away from creditors that may have claims upon your heirs.
A trust can also control assets inherited by minor children or even young adults. The age when someone may access funds can be established with a trust among any other desired requirements.
A living will or durable power of attorney can assist your family if you become incapacitated. You can assign control of finances to a trusted person in the event you can no longer make decisions. You can even make a health care directive that lets someone fulfill your medical wishes.
For example you may not want life support used indefinitely. This side of estate planning makes your desires known and guides your loved ones during a difficult time.
Too often estate planning gets put on the back burner, but the losses can be great if it never gets done. Your need for an estate planning attorney in Los Angeles, Encino, Van Nuys, and other area cities can be provided by the A&T Legal Group.
Our detail-oriented and thoughtful services will protect your assets, give you long-term control, and help your family in a time of transition.