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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/bryantelderlaw/public_html/wp-includes/functions.php on line 6114Effective and thorough estate planning<\/a> is not just for elderly people. In fact, estate planning is something that everyone should consider. Having a good estate plan in place can help your loved ones save a significant amount of time and money when they need to settle and distribute your estate. A California estate planning attorney will be able to answer all of your questions about wills, estates, and trusts<\/a>, and can help you develop an effective estate plan that addresses all of your legal issues and concerns.<\/p>\n One of the very first questions that you should ask your California estate planning attorney is whether or not you need to update your\u00a0will<\/a>. In many instances, people\u2019s relationship statuses and personal circumstances change significantly over the course of their lifetimes. Having an updated will in place will help to ensure that your assets are distributed in accordance with your wishes \u2013 especially in the event you were to pass away unexpectedly.<\/p>\n When a person opens up a retirement plan or takes out a life insurance policy, he or she will be asked to designate a beneficiary. The beneficiary is the individual who receives the proceeds of the plan or policy if the employee\/insured individual passes away. However,\u00a0IRAs<\/a>, annuities, and life insurance policies do not ordinarily pass through a person\u2019s will. A good California estate planning attorney will ensure that these assets are dealt with as part of your comprehensive estate plan.<\/p>\nQuestion #1 \u2013 Is it Necessary for Me to Update my Will?<\/h3>\n
Question #2 \u2013 Do my Retirement Plan Beneficiaries and Life Insurance Policies Align with my Estate Plan?<\/h3>\n
Question #3 \u2013 Is it Necessary for me to Have a Durable Power of Attorney?<\/h3>\n