One of the most commonly held misconceptions is that “anyone can write their own will.” While do-it-yourself (DIY) will packages are available online, many people make serious mistakes when attempting to create their own estate planning documents. For example, you may structure your assets in a way that allows them to be heavily taxed. This is why you need an estate planning lawyer from the very beginning. He or she can help you craft an estate plan that meets both your present and future needs. There are many benefits of hiring our Oakland estate planning attorneys. These benefits include:
Saving Time and Money
Although it may appear that drafting your own will is easier and cheaper, this is not always the case. Many times, writing an estate plan is a lengthy process. Any mistakes that you make can extend the process even longer. In addition, these mistakes may cost you more money on court fees and taxes. An estate planning attorney in Oakland can help you save money by looking into additional tax and financial benefits.
Compliance With the Law
All estate plans must comply with current state laws. Probate and trust laws in California are specific and change frequently. Working with an Oakland estate planning attorney can give you peace of mind knowing that your plan is legally sound.
Life changes quickly. As such, your estate plan must adapt to these changes as well. Perhaps you had another baby, or your financial situation changed significantly. An Oakland estate planning lawyer can ensure that your estate plan reflects your current lifestyle. He or she can also ensure that you have the option to change your estate plan to meet your future needs.
Offering Trusted Guidance and Advice
Depending on your amount of assets, the estate planning process can be long and complex. You may run into issues along the way and need the guidance of an experienced professional. An estate planning lawyer in Oakland can offer you trusted guidance and advice along the way. This advice can help you determine how to protect your assets and provide for your loved ones. Retitling assets and property, making beneficiary decisions and avoiding probate are just some of the ways that an attorney can guide your through the process.
Ensuring That Your Estate Plan is Well-Rounded
Estate planning involves more than just drafting a will. In fact, an estate planning lawyer in Oakland should advise you to create several key estate planning documents. These include:
General Durable Power of Attorney
Medical Power of Attorney
Advanced Health Care Directive
Contact Our Oakland Estate Planning Attorneys
While it may appear easier to fill out an online will or estate plan, hiring an experienced attorney is invaluable. He or she can help you make intricate decisions about every aspect of your life, including protecting your loved ones after you are gone.
To learn more about estate planning in California, contact the Oakland estate planning attorneys at Davidson Estate Law today for a free consultation. Feel free to call us or fill out our confidential contact form. Our main office is located in Oakland, but we also have offices in Berkeley, San Francisco, Walnut Creek, San Jose and San Mateo to better serve you.