When many people hear the word “estate,” they think of an individual or family with more money than they know what to do with. They have visions of the older, high-net-worth businessman or businesswoman with a mansion in Los Angeles, a summer home in Italy, and five sports cars. So naturally, conversations about estate planning must only refer to them, right? After all, they are the ones with the money, assets, and endless succession planning needs. Not the everyday Joe and Jane.
While we can’t blame you for thinking that way, it couldn’t be further from the truth. In reality, we all have an estate. And you certainly don’t have to be wealthy or elderly to benefit from estate planning.
What Is An Estate?
An “estate” is everything you own, regardless of what position you think you are in financially. So when we use the term estate planning, we are referring to the legal act of putting all your affairs in order and taking stock of everything you own so that your assets can be passed on to your chosen beneficiaries as efficiently as possible after you pass away.
This can include:
- Vehicles
- Personal property
- Land and real estate
- Financial securities
- Business entities
- Cash
- Other possessions and assets
As we always say, estate planning is one of the most important decisions you will ever make for both you and your loved ones. The attorneys at Christman | Daniell Attorneys have valuable experience in preparing estate plans for families and individuals alike. And depending upon your needs and circumstances, proper estate planning could involve much more than writing a will. We are here to help you put together an estate plan that goes beyond the last will and testament with a revocable trust, living will, health care directives, powers of attorney, and various other documents.
Our attorneys will help you to create legal instruments to distribute your assets according to your wishes, nominate a guardian for minor children, minimize family disputes, avoid probate and estate administration, and plan for incapacity.
So, to summarize, you do not have to own 10 cars and a glitzy mansion in the hills to take advantage of estate planning. Estate planning is for everyone, and what that looks like for you simply requires a visit with one of our attorneys. Start planning for the future today and protect your family’s assets with the help of our trusted estate planning attorneys. Our team is dedicated to creating peace of mind for our clients and their loved ones.
Please call Christman | Daniell Attorneys, for your legal needs today!
Please consult an attorney for advice about your situation. The material on this website and in this or any blog article we publish are for informational purposes only and do not constitute legal advice. The attorneys at Christman | Daniell Attorneys believe in tailoring legal advice and solutions to your circumstances.
We have an unwavering commitment to helping our clients at each stage of their legal situation.
