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 Rackerby, CA

Overview of Estate Planning in Rackerby, 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 Rackerby, CA
Anderson John H
105 E Mariposa
San Clemente, CA 92672
(949) 492-9944
General Practice Attorneys, Attorneys
Currington Christina H
526 1st St # A
Rodeo, CA 94572
(510) 799-9777
Estate Planning Attorneys, Attorneys, Family Law Attorneys, Divorce Attorneys, Legal Service Plans
Hooper Lisa K Esq
100 S Ola Vis
San Clemente, CA 92672
(949) 487-9549
Attorneys, Divorce Attorneys, Family Law Attorneys
Perez Shawn R
107 Avenida Miramar # C
San Clemente, CA 92672
(949) 492-9545
Attorneys, Legal Service Plans
Clinebell Donald R
110 E Avenida Palizada
San Clemente, CA 92672
(949) 366-9394
Business Law Attorneys, Attorneys, General Practice Attorneys
LaCalle Professional Services
350 Bohemian Hwy
Sebastopol, CA 95472
(707) 874-9144
Attorneys Referral & Information Service, Attorneys
Diran & Grey
153 Lake Ave
Rodeo, CA 94572
(510) 799-9000
Attorneys Support & Service Bureaus, Attorneys, Legal Service Plans
Birnie Tate
7182 Healdsburg Ave
Sebastopol, CA 95472
(707) 823-8593
Arbitration Services, Attorneys, Legal Service Plans
Lokewalsh Tien-Li
881 Alma Real Dr # 118
Pacific Palisades, CA 90272
(310) 454-7920
Immigration Law Attorneys, Attorneys
Gurney Glade Sarah
130 Petaluma Ave # B
Sebastopol, CA 95472
(707) 823-6500
Attorneys, Legal Service Plans
Turner Keith J
17383 W Sunset Blvd
Pacific Palisades, CA 90272
(310) 454-6190
Insurance Attorneys, Attorneys, Legal Service Plans
Bernard A Allen Law Offices
160 Avenida Granada
San Clemente, CA 92672
(949) 492-6111
Attorneys, General Practice Attorneys, Business Law Attorneys, Real Estate Attorneys, Estate Plannin
Attorney A1 Referral Svc
1802 N El Camino Real
San Clemente, CA 92672
(949) 485-5793
Attorneys Referral & Information Service
Damm Lawrence H
15200 W Sunset Blvd # 209
Pacific Palisades, CA 90272
(310) 459-5784
Estate Planning Attorneys, Attorneys, Tax Attorneys, Wills, Trusts & Estate Planning Attorneys
San Clemente Bankruptcy Attorney
501 North El Camino Real
San Clemente, CA 92672
(949) 203-3845
Bankruptcy Law Attorneys, Business Bankruptcy Law Attorneys
Minnott John M
503 Via Deseo
San Clemente, CA 92672
(949) 492-3459
Attorneys, Estate Planning Attorneys
Western Auto Clearance
105 Avenida De La Estrella # 3
San Clemente, CA 92672
(949) 361-1999
Collection Law Attorneys, Collection Agencies
Coffman Ellen
874 Gravenstein Ave # 5
Sebastopol, CA 95472
(707) 829-1567
Mediation Services,  Attorneys,  Arbitration Services,  Legal Service Plans
Du Bovy Jane
881 Alma Real Dr # 309
Pacific Palisades, CA 90272
(310) 573-1430
Bankruptcy Law Attorneys, Attorneys, General Practice Attorneys
Jenni Gustafson
PO Box 945
Soulsbyville, CA 95372
(209) 532-1421
Attorneys, Family Law Attorneys, General Practice Attorneys, Estate Planning Attorneys, Legal Docume
O'Brien Scott
2453 Burnside Rd
Sebastopol, CA 95472
(707) 829-0522
Attorneys,  Mediation Services,  Arbitration Services,  General Practice Attorneys,  Legal Service P
Levin Richard
130 S Main St
Sebastopol, CA 95472
(707) 824-0440
Attorneys, General Practice Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US