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 Culver City, CA

Overview of Estate Planning in Culver City, CA


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 Culver City, CA
Gajewski & Baughan
9696 Culver Blvd
Culver City, CA 90232
(310) 559-9909
Attorneys, General Practice Attorneys, Legal Service Plans
Senders Rogers
4264 Overland Ave
Culver City, CA 90230
(310) 815-9788
Attorneys, Corporation & Partnership Law Attorneys, Business Law Attorneys, General Practice Attorne
Act of Communication
5354 Etheldo Ave
Culver City, CA 90230
(310) 391-9661
Attorneys Referral & Information Service, Legal Service Plans, Attorneys
Lott Robert
6133 Bristol Pkwy # 280
Culver City, CA 90230
(310) 337-9600
Attorneys, Corporation & Partnership Law Attorneys, Business Law Attorneys, General Practice Attorne
Hamilton Zoe A
5711 W Slauson Ave
Culver City, CA 90230
(310) 215-8727
Divorce Attorneys, Family Law Attorneys, Attorneys
Sacks Zachary
400 Corporate Pointe # 800
Culver City, CA 90230
(310) 216-7778
Attorneys, Labor & Employment Law Attorneys, Corporation & Partnership Law Attorneys, Legal Service
McFarlin LLP
400 Corporate Pointe, Ste. 300
Culver City, CA 90230
(424) 258-7711
Divorce Attorneys,  Bankruptcy Law Attorneys,  Personal Injury Law Attorneys,  Attorneys,  Business
Sharona Zahabian
400 Corporate Pointe
Culver City, CA 90230
(310) 299-7029
Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Bankruptcy Law Attorneys,  Child Custody Atto
Duitsman Robert L
5601 W Slauson Ave # 276
Culver City, CA 90230
(310) 645-6223
Attorneys, General Practice Attorneys
Premier Transport Systems
10866 Washington Blvd
Culver City, CA 90232
(310) 559-5800
Attorneys Support & Service Bureaus, Delivery Service, Messenger Service
Marcia J Brewer Law Offices
400 Corporate Pointe # 800
Culver City, CA 90230
(310) 670-5325
Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Arbitration Services,  Arbitration & Mediatio
Ackerman Ronald
400 Corporate Pointe # 560
Culver City, CA 90230
(310) 649-5300
General Practice Attorneys, Attorneys, Legal Service Plans
Valdez David
11100 Washington Blvd
Culver City, CA 90232
(310) 559-4529
General Practice Attorneys, Attorneys
Pike Photocopy Inc
4221 Sepulveda Blvd
Culver City, CA 90230
(310) 397-4000
Attorneys Referral & Information Service, Legal Service Plans, Attorneys
Comstock & Sharpe, Inc.
11100 Washington Blvd
Culver City, CA 90232
(424) 888-3866
Accident & Property Damage Attorneys, Personal Injury Law Attorneys, Wills, Trusts & Estate Plann
Legal Action Workshop
11160 Washington Blvd Ste C
Culver City, CA 90232
(310) 470-3585
Family Law Attorneys, Attorneys
Fornos & Associates Law Offices
9696 Culver Blvd
Culver City, CA 90232
(310) 204-3529
General Practice Attorneys, Attorneys, Legal Service Plans
Matthew Spaulding
9696 Culver Blvd Ste 103
Culver City, CA 90232
(310) 287-3510
Immigration Law Attorneys, Attorneys
Countrywide Debt Relief
6000 Sepulveda Blvd
Culver City, CA 90230
(800) 594-3362
Bankruptcy Law Attorneys, Debt Adjusters, Bankruptcy Services
Golsan Ziff & Ziff
5840 Uplander Way
Culver City, CA 90230
(310) 342-2818
Attorneys, Family Law Attorneys
A-Bankruptcy-Attorney Com
11268 Washington Blvd
Culver City, CA 90230
(310) 391-2400
Attorneys, Legal Service Plans
Hurvitz Yardenna
5840 Uplander Way
Culver City, CA 90230
(310) 410-2056
Mediation Services, Attorneys, Arbitration Services
Willoughby Anthony & Associates
200 Corporate Pointe
Culver City, CA 90230
(310) 642-0600
Attorneys,  General Practice Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,  Labor & Emp
Precision Assistance
400 Corporate Pointe Ste 300
Culver City, CA 90230
(310) 977-0266
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US