Benefits of Making Sure Your Estate Is in Order Sooner Than Later

discussing agreement or dealEstate planning is one of the best things you can do for yourself and your loved ones. Having plans will save you, especially your family, money, time, and even uncomfortable decisions. If you live in California especially, you want to get the best professional help to guide you through the benefits of this very important process.

This is where the Keyes Law Group comes in. We will take care of every estate planning you need, from creating a valid estate planning form to ensuring you cover all your bases when drafting your wishes. We are especially convenient if you live in California, as we can connect you with an estate planning attorney in the Bay Area and other regions in the state.

There has been the myth that these plans only apply to people with a lot of wealth. This is incorrect as anything you own can be included in an estate plan, no matter how little. Things that you can make plans for include:

7 Benefits of Estate Planning

Provide for your beneficiaries

An estate plan is the best way to keep providing for your loved ones. You can describe exactly which benefits they will receive and under which conditions to make the best decision for their long-term financial well-being.

Protect your children from social services involvement

Uncomfortable as it might be, you have to ask yourself some hard questions when you have children. Answering these questions will allow you to make plans for your offspring just in case something happens to you and your better half. Not only will you be able to decide who will become their legal guardian, but you can also make plans for details that people often do not think about.

For example, where they will spend the night on the fateful night of you and your partners’ demise. This is one of the benefits of estate planning that you can’t afford to ignore.

Minimize expenses and preserve wealth

Without an estate plan, the court is forced to handle everything from giving away your property, guardianship of your kids, and liquidating your business. The more time is spent in court, the more court officials and attorneys make, and it usually costs $10,000 upwards.

This could have also paid rent for your family for a couple of months, kept the lights and heat on, and even went towards feeding them. Without a plan, your family must wait for the court to handle the process while getting charged, not to mention they are already going through a difficult time.

You can get the property for your people quickly

Usually, without measures, your family can wait up to nine months to get benefits. Unfortunately, the bills and expenses associated with your death cannot wait that long. Possible hospital bills and funeral expenses can make a hard time much harder. Not only that, it will force them to beg for resources to give you a proper send-off.

It makes retiring more effortless

Among the questions to ask an estate planning attorney is how it can benefit you even when alive. Most people see it as something with utility only after you have gone and thus are not aware of how they can take advantage of estate planning in the days they have left.

Such an advantage is ensuring you qualify for government aid like Medicare. This can reduce your hospital bill both while alive and after you have passed.

Helps you continue any charitable efforts

You can choose to give to your favorite cause even after your demise. You don’t have to have millions to give to do something like this; even a little donation from you can help move the needle. If you’ve preferred causes or charities, you can still support them even after your death with proper planning.

Ensure continuity and success of your business

If you have built a business for a long time, you know how much effort and sacrifice it takes to become successful. Years upon years of continuous effort can fall apart in a short period should the wrong person replace you after death or, even worse, your own family runs it to the ground.

Let’s admit it; we don’t all have business leaders as family members. Sometimes, they should place the business in more capable hands. This will ensure the longevity of the business, and your family will still have you as a breadwinner even after you have gone.

An estate planning attorney Bay Area can help you draft and verify paperwork such as:

An estate planning attorney in the Bay Area will make sure that you cover all your bases as they have experience working with many clients. Choosing experienced and proven attorneys like The Keyes Law Group ensures you will get the most out of your plan.

Call 408-766-7668 to speak to experts with over a decade in the field. On top of guiding you through the process, they also make sure to close any loopholes in your California estate planning forms to keep them enforceable and protect your wishes.

CLIENT TESTIMONIALS

"I have had the pleasure of working with the Keyes Law Group these past months. To date, Mr. Keyes has been a great asset to our family; helping to plan a trust and the appropriate tax strategies for us and the next generation. What has worked very well for my wife and I is the time Mr. Keyes has devoted to not only hearing our financial planning concerns, but to also take the necessary time to explain and offer options for us to consider. We have worked with tax attorneys and financial consultants over the years. For us, a successful relationship is one of the key factors that we strive for. Working with the Keyes Law Group has been a very good fit for us as we work to get our financial affairs in order." -- RY
"I can’t say enough great things about Keyes Law Group! They are thorough, caring, and extremely efficient! I send everyone I know to them for Estate Planning! They took such great care of my family and they have earned my business forever! Look no further than Keyes Law Group if you want a seamless process and to cover all bases for your estate! They aren’t just Estate Attorneys; they are family!" -SL
"The patience with helping us achieve our goal and the patience in breaking down the legalese into simple language that we could understand was very beneficial. We felt we were very well taken care of." -GR
"We truly appreciate your thoughts, ideas and time. I very much value your expertise and look forward to more dialogue about best ways to move forward, build healthier relationships with our children and their children and to pass on our values to the degree we are able." -R.Y.
"I was able to have a honest dialog with such an understanding, compassionate, and caring human being. Thank you." -Y.H.
"I've had the opportunity to work with Elijah for several years now. I started during a challenging situation with my mother and he was terrific. I'd say he's very responsive, reliable and exceptionally fair. Also very empathetic. It's refreshing to engage with him and feel that I'm being well taken care of and my needs are being met. His staff is also lovely and overall super accommodating." -I.S.
"It is very important to research and choose wisely when looking for an estate planning attorney. Did you know that the California State Bar Board of Legal Specialization has a unique recognition for attorneys who go beyond the regular requirements to practice Estate Planning? Elijah Keyes has this designation; Certified Estate Planning Specialist. He is extremely well versed with this specific area of law and is a strong advocate for his clients in estate planning, including establishing living trusts, wealth planning and family transfers, dynasty trusts, conservatorships, special needs trusts, elder law medi-cal benefits and planning, trust administration and probate. Thank you Elijah, for being a trusted resource for us and for our clients!" -M.H.
"Keyes Law Group helped our family through a very difficult time with estate planning. He's honest, transparent and genuinely cares about his clients. His own personal experiences have shaped his approach in working with people - especially older folks who might be more mistrusting. He can finesse difficult conversations with ease and for that, I'm forever grateful. 100% recommend!" -Y.V.
"Elijah was very helpful with editing our family trust after my wife passed away. He answered all my question in a timely manner and if he did not know the answer he found out quickly. He would take time out of day to reassure me that he had everything under control. He took his time to explain why he worded the trust the way he did and that I understood what it meant. Will use him again when the trust needs to updated." -D.

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