You’ve worked hard to create a comfortable lifestyle for your family. You shouldn’t have to constantly worry about what will happen to your legacy once you’re gone. The Law Offices of Andrew Cohen offers comprehensive estate planning services in Santa Clarita, CA, and the surrounding area. You can trust our dedicated estate planning attorney to help you create a plan for passing down your assets.
When you need help with comprehensive estate planning, you can turn to the trusted team at the Law Offices of Andrew Cohen to help ensure that you receive individualized care.
Attorney Andrew Cohen takes the time to get to know you and your family individually so that he can provide personalized results and planning on your behalf.
Attorney Cohen understands the emotional aspect of creating an estate plan, and he will patiently listen to every concern you have.
Firm principal Andrew Cohen offers clients a wealth of practical experience in both the legal and business arenas. A licensed attorney since 1997, he has also worked in real estate development and marketing.
This expanded his expertise and allows him to easily communicate with people and effectively coordinate legal arrangements with people from every walk of life and the businesses or government agencies with which he comes in contact while serving his clients.
Understanding Estate Planning And Why It Is Necessary
Regardless of whether you have a relatively modest estate or are a wealthy individual, having a proper estate plan in place is important. At the Law Offices of Andrew Cohen, our qualified Santa Clarita estate planning attorneys strive to ensure that every client understands the importance of establishing plans for their future and the future of their family.
Estate planning puts in place a guide for a person’s family after they have passed or have become incapacitated. While it is hoped that an estate plan will not be needed until someone passes away after a long and healthy life, we all know that unexpected events occur all too frequently. Our attorneys will help ensure various aspects of your estate are properly planned for, including:
Trusts: Properly planning trust is important for a robust estate plan in California. Though some people may be more familiar with “wills” when it comes to end-of-life planning, in California, trust can be critical. A trust is a way to ensure assets are inherited by loved ones after someone dies, and can do so while avoiding the probate process, which is court-involved, incredibly tedious, time-consuming, and expensive. At the Law Offices of Andrew Cohen, we are available to help with a wide range of trust issues, including living trusts, special needs trusts, spendthrift trusts, and more.
Revocable living trusts: A revocable living trust is a common tool used in California estate planning. Although commonly used, what is contained in one individual’s or couple’s trust may be very different than another’s. This type of trust is “revocable” because it allows a person to make changes to the trust when various life circumstances change. A revocable trust does not pass through the probate court when a person passes away. Revocable living trusts have enormous benefits for those who want to ensure their loved ones are cared for after they have died while also providing flexibility to make changes to the trust during their lifetime.
Wills: A last will and testament is something that many people are familiar with, although that familiarity may be from watching “Murder, She Wrote” and is not entirely accurate. A Will may have some usefulness, but in reality, it doesn’t handle many of the needs that a Trust can handle. While a trust and trust-focused estate planning is a better method for most California clients, a Will may be ok for some.
Power of attorney: A power of attorney is a document that allows a person to appoint somebody else to manage their property, finances, healthcare, and more. This type of arrangement is beneficial when an individual may not be able to handle all of their needs by themselves. A non-durable power of attorney can grant another person broad or limited legal authority, but will typically be revoked if a person becomes incapacitated or passes away. A durable power of attorney is similar, but will remain in place if the principal becomes incapacitated.
3 Good Reasons To Start Planning For Your Family's Future
The Law Offices of Andrew Cohen firmly believes that it’s never too early for estate planning. Here’s why:
The sooner you speak with a lawyer about estate planning, the sooner you can prepare your family for the unexpected.
Without careful estate planning, the courts could wind up deciding what happens to your assets instead of your loved ones.
Estate planning can help you set aside funds or create health care directives in case you suddenly become incapacitated.
Contact An Attorney For Help With Your Santa Clarita Estate Planning