Fundamental Estate Planning

You do not need to be rich to benefit from a well-crafted  fundamental estate plan.  You just need to be smart.  The truth is, if you do not create an estate plan for you and your family, the IRS and the State of California will put a plan in place  for you.  And they do not have your family’s best interest in mind. Or to put it another way, these governmental tax agencies are not exactly concerned about minimizing the estate, gift and incomes taxes imposed on you and your family.  If you own real property or have accumulated even a modest amount of wealth and savings, your family needs a living trust.  If you want to control who gets your assets and your property, when they get them and how they get them….then you need to have an estate plan that assists you in meeting your goals.

Simply put, every family should have the peace of mind that comes with creating a customized estate plan.  Your legacy is preserved and you can rest easy knowing that your family is protected in the event of your disability, incapacity, and ultimately, when you pass from this life.   And maybe most important of all, it allows you to maintain possession and control over your property while you are still living.

You deserve the contentment that comes from knowing your family is well-protected. You have worked hard to build your family’s wealth, so take the necessary steps to protect your assets.  Here at Brownell Law Corporation we are committed to helping you do just that.

Here are just some of the fundamental estate planning services we can help you with

Fundamental estate planning includes revocable trusts, certain types of wills, powers of attorney, health care directives, custody directives and for some people, pet trusts.

A living trust is the centerpiece of most estate plans.   A living trust provides you and your family with the following benefits:

• Avoids the expense of probate and the public disclosure of your family’s private finances;
• Avoids gift and estate taxes;
• Protects your estate from divorce (1/2 of all marriages end in divorce);
• Protects your assets from litigation and adverse judgments;
• Provides protection from creditors;
• Allows you to retain control over the use and benefit of your assets;
• Lets you decide who gets your assets when you pass.

It is also important to keep your estate plan current and up to date.  That’s because your needs and those of your family change over time.  The laws relating to taxes and estate planning also change over time.  To keep up with these changes, your customized estate plan must change along with them.  There is nothing more unfortunate then to have an old outdated estate plan in place that does not achieve the estate planning goals the family believes it does.  After your estate plan is completed, we will review it on a periodic basis to make sure it continues to reflect your values and desires.

Contact us to schedule a Family Legacy Estate Planning meeting at our Folsom office conveniently located off E. Bidwell St.   We provide superior legal representation and 100% commitment to our clients and their families.