One of the more solemn tasks in life is the planning of personal estates. It is not enjoyable to think of the passing of loved ones. However, the more planning done prior to death, the larger the burden lifted off of loved ones becomes. An Estate Planning Lawyer in Irvine CA will help develop a plan that will give great peace of mind to all involved.
Estate Planning Is Not Just For Death
Most people think of estate planning as making a will to be used after death. Planning for what happens before death is just as important. If a loved one should become physically and/mentally incapacitated, a will can make sure arrangements are made for the care and financial well being of the person.
A Will Is Necessary To Protect Minor Children
If there are minor children in the family, a will is needed to set forth in a legal document what will happen to those children in the event there is no parent to care for them. Few people will want this extremely important decision left up to the courts and strangers to decide.
Disbursement Of Funds Should Not Be Left To Strangers
Whether there is a large or small estate, most people would feel more comfortable leaving their finances and obligations in the hands of a family member or loved one. It is a way to give special instructions for the disbursement of any funds, such as a life insurance policy. It truly is best for an Estate Planning Lawyer in Irvine CA to oversee the last wishes of a person.
Having a will and a plan set in place for one’s incapacitation and death offers great peace of mind to all who may be affected. A verbal agreement or an idea scribbled on a piece of paper will probably not hold up in court. Make sure all wishes are recorded with an estate planner and that these documents are put in a safe place. It is also a good idea to let the people know they have selected to help make decisions on behalf of their loved one.
