Request a free consultation regarding estate planning in Thousand Oaks, CA. Our team at the Law Offices of Michael Labrum is experienced, equipped, and able to provide top representation and counsel for all matters related to creating your estate plan. Michael Labrum is an experienced Southern California estate planning lawyer with a professional record that includes being named in the 2016 Super Lawyers® list and rated Premium by Lawyer.com.
The estate planning process involves planning out how you want your assets to be divided and distributed after your death. Using some estate planning tools, such as a trust, you can begin to distribute your estate during your lifetime. Your estate plan can also include instructions for how and by whom you want healthcare decisions to be made in the event of a debilitating injury or illness. A proper estate plan also accounts for-and plans against-tax consequences on your estate. You can designate a guardian for your minor children in your estate plan as well.
In short, yes. No matter what size your estate is, creating your estate plan is a critical legal process that ensures your loved ones are protected, your estate is protected from egregious taxation, and your assets are distributed according to your wishes. Our Thousand Oaks estate planning lawyer can help you make decisions including which estate planning tool to use, including wills and trusts. We can help ensure that you have the peace of mind that comes with knowing your estate is properly secured with a well-prepared estate plan.
If you currently have an estate plan, think about the last time you updated it. Usually after a divorce, marriage, birth, or another major life change, it is always a good idea to revise your current plan to reflect these latest changes.
For additional information, or to request your free phone consultation, please call Michael Labrum at (805) 725-5277 today.