Estate planning is vital to ensure you are able to care for, provide for, and protect your loved ones after you have passed away. However, each estate varies – there’s no one-size-fits-all solution in planning your estate. Whether your estate is simple or complex, Cross Law tailors our services to meet your exact needs.
Factors involved in estate planning include:
- Tax and asset assessment
- Asset protection
- Distribution of assets after your passing
- Guardianship of minor children
- Trust management
Not all apply to every situation. For example, Bay Area families often need a revocable living trust. With a complex, high-net-worth estate, you might need solutions for business interests, multiple real estate holdings, investment earnings, the creation of trusts and more. With a simple estate for a single person, you might need little more than a robust will. Your plan should always include medical and financial powers of attorney should you become incapacitated and/or unable to communicate your wishes.
Why consider an estate plan now?
Without a well-crafted estate plan in place, families often become permanently divided while fighting over assets. Other issues can include increased estate taxes, loss of business ownership, and even the inability to leave your specified beneficiaries the assets you choose.
Fully personalized estate planning
Cross Law strives to provide 100% personalized service for our Bay Area clients. We’ll create a tailored estate plan based on your specific situation, assets, goals and needs. We’ll educate you on every step in the estate planning process to ensure you understand the importance of each step, and the potential repercussions of not taking that step. And we’ll help you with avoiding probate and death taxes, providing for minor children, and other planned giving aspects.