ESTATE PLANNING ATTORNEY
Your estate is the property and money you leave behind when you pass away. These assets usually go to those you designated as your heirs—children, parents, or other family members. You may also want some of your assets to go to various charities to benefit them in your memory. An estate planning lawyer in Manhattan Beach can help you plan the disposition of your estate and guarantee that your assets will pass to those you intend.
One of the biggest problems facing an individual planning the disposition of an estate is taxes. Inheritance tax laws change periodically, often depending directly on the economy and the amount of taxes needed by the government to operate. Because of this, it is important to shelter as much of your estate as possible from changes in the inheritance tax laws. A Manhattan Beach estate planning lawyer can help you determine the optimal way to shelter your assets and avoid egregious taxes.
Another consideration when planning your estate is how to divide your assets so that your spouse, children, elderly parents, or others are all protected. Generally, you want to provide enough for your children to ensure their educational needs, and enough for your spouse to live on for life. If you have questions about the best way to dispose of your assets, a Manhattan Beach estate planning attorney can answer them.
Do you need help designing an estate plan that works efficiently and to the advantage of you and your loved ones? Contact us to find a seasoned estate planning attorney in Manhattan Beach who can help you with that.