Although death sometimes comes quickly and without any warning, the majority of people are very aware when the end of their life is approaching. Although things are always easier when you have everything in order ahead of time, it is never too late to manage your affairs, and a qualified Orange County estate planner can help you do just that.
Along with mitigating estate and property taxes, bypassing undue expenses, and making sure your needs are taken care of, getting your financial affairs in order will provide a much-needed sense of reassurance to you as well as to your family at an otherwise difficult time.
When death seems imminent, estate planning is probably the last thing you are thinking about. Luckily, there are strategies in place that can help lessen your end-of-life financial duties. When time is a pressing factor, however, you or those close to you may find some solace and comfort in receiving reputable legal guidance.
To start, your attorney will need to review any existing documents that pertain to the planning of your estate. In many cases, you are looking to ensure that your wishes, as outlined in those documents, have not changed.
If, however, your familial relationships have changed or if federal and state tax, probate, property, and trust laws have changed, revisions are most likely necessary. Your estate planning attorney should also check your estate plan’s sufficiency. While it might have served your purposes when it was drawn up, it might not be suitable for handling your assets as they currently are, and you will be facing the issue of probate court once again.
Your Orange County estate planning lawyer will need to pay close attention to the following: