California Estate Planning
Offices in Lodi, Sacramento, Modesto, Manteca, Stockton, Tracy
What Is Estate Planning?
Your estate includes more than your home; it comprises everything you own. Estate planning is the preparation for the distribution and management of your estate. Proper estate planning takes care of assets before death, after death and in the case of incapacitation. Having a plan in place can protect your family and give you peace of mind.
Estate Planning Benefits
Estate planning allows your family to be prepared should disaster strike. It helps you to organize your records, find and correct errors and prevent devastating tax consequences. Planning your estate also provides peace of mind to you and your family. Proper estate planning is one of the most considerate things you can do for yourself and those you love.
Best Time for Estate Planning
Estate planning is commonly put off because people assume they do not own enough, they’re not old enough, or that they have plenty of time. Unfortunately, this leads to many families being unprepared when incapacity or death strikes. The best time to plan is now when you are living and healthy. Estate plans can always be updated, so call Rosā Law Offices, PC today to set up your estate plan.
Pre-Planning for Medi-Cal
The Rosa Law offices, PC typically includes pre-planning for potential Medi-Cal eligibility in long-term care. It is important for you and your loved ones to include pre-planning for Medi-Cal language in your revocable trusts and powers of attorney.
Your Most Important Documents
Without the proper planning, you could be headed for a disaster. Rosā Law Offices, PC recommends four essential documents that you need in your estate plan: a last will and testament, a revocable living trust, a durable power of attorney, and an advanced health care directive. Please see our trusts and wills page for more information on these documents.
Durable Power of Attorney
A durable power of attorney allows you to choose someone to act on your behalf. This document becomes valid in the case of an illness or incapacitation that prevents you from managing your finances. Without this document, your family loses any say regarding your assets, and everything must go through the state. Call Rosā Law Offices, PC to put your durable power of attorney in place and protect your assets and your family.
Advanced Health Care Directive
A power of attorney does not give your representative the capacity to make your health care decisions. Instead, you are able to appoint a health care proxy or advanced health care directives to empower a trusted person to make your medical decisions. Call an attorney at Rosā Law Offices, PC to see how advanced health care directives can benefit you.