There is mystery and confusion surrounding Estate Planning in San Francisco CA since most people associate it with death. This wrong notion does not consider instances where you may get disabled or incapacitated.
It is for this reason that you need the expertise of Von Rock Law, PC to assist you in the drafting of a trust whereby, you will specifically appoint a person to manage your affairs by following laid down instructions that you provide. This process gives you peace of mind because you are assured of having left your affairs to cater to the needs of your loved ones.
In the unlikely event of your demise, the plan offers protection against lawsuits, divorce, and creditor claims. You can include contingencies that encourage certain behavior of your heirs to get a portion of your inheritance which will improve their living standards. An example is bequeathing your company to your son or daughter, only when they have completed college or married. It allows the passing of the estate to your beneficiaries by eliminating the lengthy process of probate.
Estate planning in San Francisco CA caters to special needs beneficiaries, by ensuring that they do not lose government assistance if they receive their inheritance. If properly drafted, there is a reduction or elimination of income taxes, capital gain taxes, and estate taxes.
In the unlikely event of your death, your spouse may get married to someone else who has children of their own. By proper estate planning attorney in San Francisco CA, you can protect the inheritance of your children and still provide for your spouse. This means that the other children your spouse has acquired as a result of remarrying do not have a legal claim to your estate. Contact Von Rock Law, PC for more information.
