Perhaps the most difficult thing when it comes to planning your estate is coming to grips with the fact that you are not going to live forever. It is a lot easier when you work closely with a knowledgeable estate planning attorney in Buena Park.
When you decide to hire an attorney to help you plan the disposition of your assets upon your death, it is always best if you realize that things will go a lot better when you and your attorney work hand in hand. Your attorney is fully aware of all the laws, he or she is there to guide you, to explain the options you have and to treat your eventual decisions with respect.
Your attorney knows his role, here are a couple of tips that can help you hold up your end of the bargain.
Honesty is the only policy:
Your estate planning attorney in Buena Park cannot do his job if you don’t do your part. You must provide your attorney with all the information that is applicable to your financial arrangements and your assets. Your attorney must know what you own, where it is, what it’s worth, etc.
The goal of estate planning is quite simple; it is the preparation of documents that spell out what you want to do with your money and assets, how you want them to be distributed upon your death. To ensure that this happens, your attorney will ask you questions, some of which might be a little embarrassing. You have to be ready to be open and honest.
Of course, you can anticipate your attorney giving you suggestions on ways to handle “delicate” details. It may prove to be a better bet if you set up a trust for a wayward child than to leave him or her money in your will; in this way, someone else can be given the responsibility of managing that child’s inheritance.
Don’t be afraid to ask questions, if you have hire the right estate planning attorney in Buena Park you will get the best answers.
Planning your estate is extremely important, but it cannot be done right unless you and your estate planning attorney in Buena Park are cooperating. To discuss your estate planning needs, you are invited to contact The Law Offices of Norman J. Homen.
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