It can be motivating to get in touch with your estate planning goals to finally accomplish this task and cross it off your to-do list. Having clearly documented estate planning goals gives you a roadmap for the kind of documents you need to create and the strategies you should consider in this process.

Everyone may have their own estate planning goals that prompt them to get to this point but identifying these goals can give you a list of some of the most important questions you should ask of your estate planning attorney moving forward.

Reflecting on your own goals can also help you make important decisions about who you wish to receive assets after you pass away and to make critical choices around who may be appointed to take care of your minor children or make decisions on your behalf if you become unable to do so. Here are some of the most common examples of estate planning goals:

  • Naming guardians and creating a financial plan of support for any minor children.
  • Leaving behind assets to a charity.
  • Helping your loved ones to avoid the probate process.
  • Ensuring that your loved ones will receive financial support after you pass away.
  • Passing on property, money and other assets to the next generation efficiently and quickly.
  • Avoiding unnecessary legal fees and taxes by preserving your wealth.
  • Determining how your business will be managed if you own a company.
  • Maintaining control of your finances after you pass away using tools such as trusts.
  • Naming someone that you choose to distribute your assets after you pass away.

In all of these circumstances, it can be extremely beneficial to identify an experienced estate planning lawyer to help you with this process and to allow you to gain confidence and peace of mind over your planning strategy.

Reach out today for a consultation with our Pasadena estate planning lawyers.

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