Estate planning has one purpose above all others, and that is to help you plan for your future. No one can be certain of what will happen to them in the next few years, next month, or even within the next few minutes. That is why it is in every person's best interest to take advantage of estate planning and make sure that their assets and property are arranged and prepared in the event of their death.
There are several ways in which estate planning can help you plan for the future. First of all, it helps ensure that your assets and property are distributed to the individuals or entities that you want them to be given to after you pass away. Otherwise, these decisions will be made by a judge through the probate process, which may not match the desires you had when you were alive. Estate planning can also help you plan for the future benefit of your loved ones. Not only will you be able to designate who receives your property, but you will also be able to set up living trusts to benefit an individual in the far future, even after you have been gone for many years.
If you are considering planning your estate, but are unsure of what steps you need to take, or if you are hesitant to pursue the process at all, speak with a Pasadena estate planning lawyer to discuss your situation. We will gladly inform you of the benefits of estate planning, especially as a means of avoiding the process of probate or estate litigation. Our firm has been in practice for 10 years and is Pasadena's premier family law firm. Contact our offices today for more information.