Estate planning isn’t just about making sure your wishes are met. It is also one of the greatest gifts you can give to your loved ones. With a complete, enforceable estate plan in place, your loved ones will know what your medical wishes are, how you want your assets handed down, and who you want to make decisions on your behalf. Thus, an estate plan can help your loved ones cope with your incapacity and death when the time comes.
However, some people in San Mateo may not have executed an estate plan. They may think that because they are not wealthy, they do not have anything of value to pass down. However, even items that have more sentimental value than financial worth could still be hotly contested between one’s heirs if there is no estate plan in place to dictate who is to inherit what.
A person may also think that because they are young, estate planning is something they can put off towards the future. However, this line of thought too has its faults, specifically since no one can predict how long they will live.
If they do not have an estate plan that details who they want to inherit their assets, who they want to serve as guardians of their children and more, should they die at a young age, these are issues that will be settled by the court. And the court’s ultimate decision may not be the same as what the person would have wanted.
So, it is important not to wait too long to start estate planning. Although the thought of it may be daunting, help is available. At Cohen Law Offices, we have assisted thousands of Californians with their estate planning needs. We listen carefully to our clients, so they can explain exactly what they want with regards to an estate plan. With that information in hand, we are able to provide our clients with clear advice and solutions that meet their needs. To learn more about how an attorney can help with estate planning, feel free to visit our firm’s estate planning webpage.