Estate planning is something that most people usually associate with the super wealthy. This is a misconception though. You do not need to be in a certain wage bracket to plan for your estate. You may just want to know that the things you own and the wealth you accrued will go to the ones you care about most. They can be your family members, close friends, or even just a charity or organization you care about. Without a living will, trust, or other form of legal documentation specifically stating who gets what, then it is possible for parties to challenge the claims of others when it comes to things you own. In order to help avoid unnecessary headaches and conflicts for your loved ones, planning your estate while you are able to will help ensure that your loved ones receive exactly what was meant for them and protect them from disputes of claim.
This is a legal blog. It is not intended to be used as legal advice. For further information please contact the law offices of attorney Ramona Kennedy.
Ramona Kennedy is a member of the California State Bar.