Estate Planning Designed For You
There are many misconceptions around estate planning. Some think it’s only for the rich. Some think that it’s just about making a will or a trust. Others think that things will just fall into place. Estate planning is much more than that. With proper legal guidance, an estate plan does not have to be costly or overly complicated, but it will be comprehensive. It should take care of you as you age as well as your family after you are gone.
I am attorney Rocky Tindage. I provide an initial consultation to assess your estate planning goals to determine which estate plan is right for you. I customize your estate plan to meet your needs and goals. I will assist you with transferring any of your assets, if needed, such as funding a trust.
Common Estate Planning Tools
Estate planning is a way to protect your assets, make plans for long-term care that won’t drain your bank account and make sure that your loved ones are taken care of after you are gone. I can help you accomplish this through multiple tools, including:
- Wills – Your will tells others how you would like your estate divided in probate after your death. You can also appoint a guardian for minor children.
- Trusts – There are many different trusts for different purposes. You can set them up now or after your death. Assets you put into trust during your life may bypass the probate process and dictate how the money is used after you are gone.
- Powers of attorney – You can use a financial power of attorney to appoint a trusted agent to help with your finances when you are not able to do so. A health care power of attorney, along with a health care directive, appoints an agent and expresses your wishes regarding medical treatment when you cannot.
- Medicaid planning – Many people find they need some sort of long-term care as they age, which can quickly use up assets. Medicaid offers care to those in need, but you must qualify for benefits.
- Guardianships and conservatorships – In California, the courts may appoint a guardian to care for a minor child, while they may appoint a conservator to care for an incapacitated adult. The need for a conservator can often be avoided, however, with advanced planning and the use of powers of attorney.
No matter what your situation calls for, I will answer your questions and find the right solution to protect you and your family’s future.