Our Most Frequently Asked Estate Planning Questions
If you are thinking about creating or updating an estate plan, these answers can help you better understand what documents you may need, when to update your plan, and why working with an experienced estate planning attorney matters.
What Documents Are Needed for an Estate Plan?
A comprehensive estate plan typically includes a revocable living trust, a pour-over will, a durable power of attorney for finances, an advance health care directive, and a HIPAA authorization. Together, these documents help protect you during your lifetime and after your death.
Do I Need a Lawyer for Estate Planning?
California does not legally require you to hire an attorney, but working with a qualified estate planning lawyer is strongly recommended. Improperly drafted documents can lead to costly court proceedings, family disputes, and unintended outcomes.
Can I Do Estate Planning Online or With a DIY Kit?
Online tools and DIY kits may create documents that appear valid, but they often contain errors, omissions, or provisions that may not comply with California law. An experienced estate planning attorney can help make sure your plan works when your family needs it most.
How Often Should I Update My Estate Plan?
You should review your estate plan at least every three years and after major life changes such as marriage, divorce, the birth of a child, the death of a beneficiary, or a significant change in your assets.
How Can I Prevent Family Conflicts Over My Estate?
Free Resources to Help You Plan with Confidence
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Planning Your Estate When You Have ChildrenNew parents who want to prepare for the future need to choose a guardian for their children, write a will, and establish a living trust.
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You May Need to Act NOW To Preserve Your Home’s Low Property Taxes for Your Children - January 2021 NewsletterIn November, California voters approved Proposition 19. This may dramatically reduce your children’s ability to retain your below market property assessment
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How to Make Modifications to a Living Trust-Based Estate PlanWhenever there is a significant change in your life, you should review your estate plan to determine if you need to modify your living trust.
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Setting Up a Living Trust-Centered Estate PlanA California living trust offers many benefits over a will-based estate plan, including the ability to control and gift assets during your lifetime.
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The Most Complete Living Trust PackageThe Law Firm of Kavesh, Minor & Otis, Inc., can help you establish or modify a living trust. Sign up for a seminar: 866-402-1805.
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Advanced Level Planning Options for Larger or More Complex EstatesThe Law Firm of Kavesh, Minor & Otis, Inc., works with complicated and high-asset estates. We offer a variety of options to meet your unique needs.
