Are you the glue that holds your family together?  Are you the organizer of family events and holidays?  Are you the person that makes it all happen?  If so, it would likely be in your family’s best interest for you to bring your family in for estate planning in our San Diego estate planning office.

Your Estate Plan

Either during or after your own estate planning, bring your family in to our estate planning law office for a family meeting.  This is a great way for your loved ones to get to know and become comfortable with our San Diego estate planning attorney and our team.

Our attorney will give an overview of estate planning, in general, and will explain how your estate plan will work.  The family estate planning meeting allows your loved ones to ask questions and for you to discuss your choices.  This meeting avoids much future family discord.

Those named in the roles of trusted advisors such as executor, trustees, power of attorney agents, and guardians for minor children will learn about their important roles.  It’s imperative for them to learn ahead of time because a time of mourning or emergency is no time to learn anything.

Your Adult Children’s Estate Plan

If you have children, age 18 or older, they each need their own estate plan.  You are no longer legally authorized to make decisions on their behalf without written legal authorization.

An 18 year old’s estate plan is likely to be quite simple, but it’s important nonetheless.

Your Parents’ Estate Plan

Your parents need their own estate plan as well.  It’s likely time for long term care planning and you’ll be grateful that they have an estate plan in place when they need your help.

If there is no plan in place, a conservatorship proceeding is necessary.  Conservatorships are heart-breaking, expensive, time consuming, stressful, and a loss of control.  The court takes over.

If your parents have a plan in place but it’s more than five years old, it’s time for them to come in for estate planning.

Legacy APC, A Trusts & Estates Law Firm is a member of the American Academy of Estate Planning Attorneys.

Tags: Advanced Estate Planning, Asset Protection Planning, Creating a Will, Estate Planning, Estate Planning Lawyers, financial planning, Inheritance Planning, living trust

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