To ensure that all the necessary plans that will protect you and your family have been made and executed, it is extremely important that you engage the professional services of an estate planning attorney in Anaheim. When you die there can be a host of extremely complex issues that must be addressed, if you fail to address these issues in advance chances of the wrong choices being made under the duress of your passing are good, these incorrect choices can result in a significant financial loss.
Why should you hire an estate planning attorney?
There are many reasons why hiring an estate planning attorney in Anaheim is to your advantage, some reasons may be specific to your unique situation but generally speaking, the following reasons apply:
- Protection of assets: You work hard to create wealth; it is up to you to protect it. Unfortunately, there are plenty of ways to your accumulated wealth to slowly disappear; you may end up spending in excess for nursing home care, or an irresponsible heir may burn through their inheritance. An attorney can work closely with you, using available asset protection tools that can help keep your wealth intact.
- Prepare for the end of life issues: If you should become extremely ill or perhaps seriously injured, you may not be in a position to express your wishes when it comes to the type of care you want or want to decline. It is always best for people to plan for issues such as these so there is absolutely no confusion should an incident arise.
- Leave a legacy: It may be your wish to leave money to your favorite charity, perhaps you own a successful business, and you want to pass it to a son or daughter. When you work closely with an estate planning attorney in Anaheim, you can minimize estate taxes through the use of trusts, your will and other planning tools that are available.
Don’t wait until it is too late; it is extremely important that you have completed your estate planning well before you become incapacitated or pass away.
It is important that you ensure your family is provided for upon your passing. If you are looking for an estate planning attorney in Anaheim, you are invited to contact The Law Offices of Norman J. Homen.