The California Estate Planning Checklist
Whether you are new to California or just new to estate planning, an experienced attorney can help you to plan for the future of your family. Here is a checklist of things to consider if you are ready to get started with this essential process.
- Inventory both tangible and intangible assets so you know what you have to protect – tangible assets include things like houses and cars, while intangibles include retirement accounts and ownership equity in a business
- Determine your beneficiaries, insurance policies, guardians (if you have minor children), and medical wishes
- Hire an estate planning attorney in your state – this is vital because state laws on estate planning will vary
- Schedule your estate plan review – even before your estate plan is done, you should determine how often you will review it to ensure that your current wishes are specified
Your estate planning attorney will help you to evaluate your assets and the future needs of your family so that you can structure your estate plan in the most efficient manner possible. Remember that your estate plan is about more than just your assets. This is also about how you make your wishes known for everything from medical care (if you become incapacitated) to how you want your funeral/burial to be handled.
Hire the Right Estate Planning Attorneys in San Diego
Petrov Law Firm can help you to set up an estate plan in California or to update your existing plan if you have moved into the state. Call 619.344.0360 to get the help you need.