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All adults should have a valid estate plan in force

Have you ever thought about how many people don't take the time to plan their estate? A study showed that around 46 percent of American adults haven't made an estate plan. This is troublesome because each one of those individuals will die at some point. When they do, there is a chance that all the fruits of their hard work will be disposed of in a way that they wouldn't want.

It is easy to assume that your loved ones will know what you want, but this might not be true and it might not even matter. In California, your estate will be distributed according to the state's intestate laws if you die without a will. This means that a predetermined list that you don't control governs who gets what.

By creating a will now, you are telling your loved ones what you want to happen. You are taking the guesswork out of the process. You are giving them a solid plan.

One good thing about creating your estate plan is that you can choose which heirs will get what. You can even include charities and causes in the estate plan, which creates a legacy of sorts for you. We can help you to evaluate each option that you have so that your estate plan is a customized one.

Even if you don't have any heirs, you still need an estate plan. Without one, the court might opt to turn your belongings over to the government if you don't have anyone who qualifies to get your assets under the intestate laws. We can help you create an estate plan for any situation.

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