Estate Planning: What You Should Know

What is an Estate Plan?

An estate plan is a complete set of instructions that convey your wishes upon your incapacity and/or death.

Why Should I Create My Own Estate Plan?

Without a personalized estate plan the State will decide who gets what and when.  The State’s idea of what your heirs should receive may not be the same as your own.  With an estate plan, you can avoid the time and cost of having the State decide your affairs.  It is essential that you take an active part in preparing your estate plan.

When Should I Start to Prepare My Estate Plan?

AS SOON AS POSSIBLE!  Unfortunately no one can predict when they will become incapacitated or worse.  With a completed estate plan you can have the peace of mind of knowing your intentions are in writing and complete.  The Durable Power of Attorney, Advance Health Care Directive and HIPAA Authorization are essential for anyone over the age of 18.  The Will and Trust is essential for anyone who has children, real property or other significant assets.

How Should I Start Preparing My Estate Plan?

First you should make an appointment with the Los Angeles Estate Planning Attorney at Anker, Hymes & Schreiber, LLP for a consultation.  We will go over confidential information to aid us in preparing your estate plan.  This way we can customize your documents to fit your specific needs and desires.  Once your documents are completed you will have one more meeting to sign everything.



2 responses to “Estate Planning: What You Should Know

  1. Rogelio Wrzesinski

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