Unclear on what estate planning is, when you need estate planning or the benefits of estate planning for you and your family? Below are some common misconceptions about estate planning that I hope to resolve when meeting with a potential client for a consultation.
- Estate planning is just for the wealthy
- Estate planning is only for the elderly
- Estate planning is costly
- Estate planning is not necessary if you don't own real estate or have kids
- Estate plans never need to be amended
- It is easier to let your loved ones deal with probate instead of planning in advance
- You are married so you don't need to nominate anyone to act for you in the event of incapacity
- Your wishes regarding health care decisions are known by your family so they don't need to be written down
- There are ways to leave real property to beneficiaries without having a living trust
During a complimentary in person consultation, I like to discuss a perspective client's particular situation and clear up any confusion regarding any, and all, of these common estate planning misconceptions. My goal is to give a perspective client an outline for what they need, always tailored to their situation, and the knowledge of why estate planning is important.
Please email us at heathermillerlaw@gmail.com or call (424) 571-2614 to schedule a complimentary consultation. I look forward to meeting with you in my convenient Torrance, CA office.