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What is Estate Planning?

Monday, 07 January 2013 10:02

Estate Planning is a process which gives you control over who will inherit your assets after your death. Typically it includes a trust, a power of attorney, an advance directive, and a will–although everybody’s needs are different. It includes a legal document known as a will. There is much to be considered with an estate plan. For instance: Who will make the decisions for your healthcare and finances if you are rendered unable to care for yourself?

Additionally, who will you name to manage your affairs after you are gone? Beneficiaries must be named, as well as proposed guardians for your children if they are still minors. Tax implications must be looked at as well. One of the reasons people choose to establish a trust rather than just a will is to avoid the expensive process known as Probate. Here at the Law Offices of Gloria D. Cordova, Inc., we will help you get started to planning the future for your estate. We offer a great package deal that includes a Will, Revocable Living Trust, Advanced Health Care Director, Durable Power of Attorney, and we also transfer your property to your trust. Please call in now to set up a consultation, you can reach us at 909.612.5787. Please check in regularly to learn more estate planning facts. Also check us out on https://www.facebook.com/gcordovalaw?ref=hl.

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732 N. Diamond Bar Blvd., Ste. 210
Diamond Bar, CA 91765

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