12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

Overview of Estate Planning in Zip Code 91990

Overview of Estate Planning in Zip Code 91990


Death is not a tragedy to the one who dies; to have wasted the life before that death, that is the tragedy.
 
- Orson Scott Card


Estate planning is the process of getting your affairs in order so that if you pass away unexpectedly, things will be much easier for your loved ones.

Estate Planning doesn't have to be hard or expensive or intimidating. Just a few simple steps: Catalog what you own, make a will and create a few legal documents (with the help of 12Law.com) and review the beneficiaries on your retirement accounts. For most Americans, there's no need to worry about estate taxes or fancy trusts.

Do it for your family. You will feel so much better knowing that you've taken care of them.

• Write a will. State in this document the properties you want your beneficiaries to inherit. You can also indicate the guardian for your young children if something happens to you and your partner.

• Select a guardian for your children. Children who will inherit any money or property from you should be designated with an adult guardian to oversee their affairs.

• Update beneficiaries on retirement accounts. You can transfer to your beneficiaries your stocks, bonds and brokerage accounts if you were able to register them. If you have a bank account and retirement plans, naming a beneficiary to these documents can automatically make these accounts "payable on death". This can avoid the probate process.

• Sign up for life insurance. It would be a good investment to get a life insurance if you owe significant amount of estate tax or debts, have young children, and own a house.

• Determine of you will owe estate taxes. Estates taxes will be impose by the government upon your death if your taxable estate is more than the inclusive limits set by law.


• Determine if a Living Trust is right for you. Property placed in the living trust can be distributed to their designated beneficiaries without undergoing probate which can be expensive and time consuming.

• Define your health care directives . You also need to plan out for your medical care by doing a medical declaration or Living Will that can indicate the treatments you want or do not want and Power of Attorney for health care that can assign a trusted person who will make medical decisions for you if you are unable to make it yourself.

• Create a financial power of attorney . If you become incapacitated, handling your affairs can be a problem but not if you have a durable power of attorney for finances. A trusted person you have chosen yourself will be handling your finances and property if that time comes. This trusted person is called an agent or attorney-in-fact.


• Provide for funeral expenses. Payable-on-death bank account can be more reliable and easier to set-up as compared a funeral prepayment plan. This will cover your funeral and other related expenses.

• Make the final arrangements. This document will indicate your wishes for organ and body donations and also the disposition of your body through burial or cremation.

• Define the Succession Plan for your business. Make plans if you own a business by having a successor. If you have a partner in business, have a buyout agreement.

• File all estate planning documents. The person you choose in your will to administer your properties should be given access to your important documents like:

1. will

2. trusts

3. information on bank accounts, mutual funds, and safe deposit boxes

4. information on retirement plans, 401(k) accounts, or IRAs

5. insurance policies

6. real estate deeds

7. certificates for stocks, bonds, annuities

8. Information on debts: credit cards, mortgages and loans, utilities, and unpaid taxes

9. Information on funeral prepayment plans, and any final arrangements instructions you have made.

 
Personalize & Print a Free CA Last Will Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
 
Personalize & Print a Free CA Living Trust Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 11
Page 12
Page 13
Page 14
Page 15
Page 16
Related Legal Services near Zip Code 91990
Temecula Debra Rice
42690 Rio Nedo Ste F
Temecula, CA 92590
(951) 444-9995
Attorneys Referral & Information Service, Attorneys
Family Legal Centers
42072 5th St # 302B
Temecula, CA 92590
(951) 445-9971
Paralegals, Legal Document Assistance, Attorneys
Duxbury, Marc A County Law Ctr
41877 Enterprise Cir N # 200
Temecula, CA 92590
(951) 587-9950
Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Business Law Attorne
Holstrom, Sissung, Marks & Anderson, APLC.
28581 Front St. Old Town
Temecula, CA 92590
(951) 294-9940
Family Law Attorneys
Brown Kevin
27247 Madison Ave # 101
Temecula, CA 92590
(951) 587-9825
General Practice Attorneys, Attorneys
Kepler Laila J
43460 Ridge Park Dr # 200
Temecula, CA 92590
(951) 265-9716
Attorneys, Probate Law Attorneys, Wills, Trusts & Estate Planning Attorneys, Legal Service Plans
Bergener & Associates
28599 Mercedes Street
Temecula, CA 92590
(951) 587-9439
Accident & Property Damage Attorneys, Attorneys, Legal Service Plans
Whitaker, Richard A Advocates For Disability
400 Santa Clara St # 102
Vallejo, CA 94590
(707) 642-9438
Social Security & Disability Law Attorneys, Attorneys, Legal Service Plans, Labor & Employment Law A
Evans Diana P Law Clinic of
706 Tuolumne St
Vallejo, CA 94590
(707) 554-9400
Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Legal Clinics,  Legal Service Plans,  Probate
Vega Bert M
506 Sacramento St
Vallejo, CA 94590
(707) 558-9379
Attorneys,  Personal Injury Law Attorneys,  Criminal Law Attorneys,  Bankruptcy Law Attorneys,  Immi
Maynes Rodger
41530 Enterprise Cir S # 200
Temecula, CA 92590
(951) 296-9360
General Practice Attorneys, Attorneys, Legal Service Plans
Price Law Group
100 N Vincent Ave
West Covina, CA 91790
(818) 986-9266
Attorneys, Bankruptcy Services, Bankruptcy Law Attorneys
Bergener James
28670 Old Town Front St
Temecula, CA 92590
(951) 693-9240
Accident & Property Damage Attorneys, Attorneys, Legal Service Plans
Moore Joanne
713 S Main St
Willits, CA 95490
(707) 459-9100
Attorneys, Legal Service Plans
A Aaron Associates
2408 Sonoma Blvd
Vallejo, CA 94590
(707) 553-9000
Paralegals, Attorneys, Family Law Attorneys, Divorce Attorneys, Notaries Public
John L. Michels Criminal Defense Attorney
41593 Winchester Rd Ste 200
Temecula, CA 92590
(951) 276-8900
Criminal Law Attorneys, Attorneys
John Stanko - Law Offices
312 Georgia St
Vallejo, CA 94590
(707) 642-8900
General Practice Attorneys, Attorneys, Legal Service Plans
Nancy Moffit
43533 Ridge Park Dr
Temecula, CA 92590
(951) 529-8836
Bankruptcy Law Attorneys, Legal Clinics, Legal Service Plans
Legal Action Workshop
100 N Vincent Ave
West Covina, CA 91790
(626) 915-8814
Divorce Attorneys, Family Law Attorneys, Attorneys
Gary Holt Attorney
27247 Madison Ave
Temecula, CA 92590
(951) 461-8681
Bankruptcy Law Attorneys,  Attorneys,  General Practice Attorneys,  Bankruptcy Services,  Legal Serv
Bradley R. Corbett
41593 Winchester Rd.
Temecula, CA 92590
(951) 732-8611
Attorneys Referral & Information Service,  Criminal Law Attorneys,  DUI & DWI Attorneys,  Traffic La
Carim Charles Law Offices
43460 Ridge Park Dr
Temecula, CA 92590
(951) 719-8460
General Practice Attorneys, Attorneys, Legal Service Plans
O'connell John P
43434 Business Park Dr
Temecula, CA 92590
(951) 587-8390
Tax Attorneys,  Attorneys,  Corporation & Partnership Law Attorneys,  Business Law Attorneys,  Legal
Sides Clay R Law Offices
41950 6th St
Temecula, CA 92590
(951) 676-7866
General Practice Attorneys,  Attorneys Referral & Information Service,  Attorneys,  Legal Service Pl
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US