Successful Estate Planning

Difficult as it may be, planning the distribution of your assets after you pass away is important for guaranteeing the security of your family in your absence. Even if you are still young, having a plan is always better than leaving your family behind with unanswered questions. Planning your estate now is the only way to ensure your desires are known after your passing.

Wills Vs. Trusts

Wills and trusts are the two primary legal avenues you can follow in determining the distribution of your assets. Both of these documents lay out in detail how you want your assets to be distributed in the event that you pass away, and each type has its advantages and disadvantages. In brief, trusts offer your beneficiaries opportunities to avoid tax liability, but they are also more complicated to establish correctly.

Establishing a trust requires more information and more legal expertise than writing a will. Even writing a will, which many people assume is a simple process, requires consideration of a number of complex legal issues. In both cases, the process is made far easier and far more trustworthy with the help of an experienced lawyer. Although there are advertisements for do-it-yourself wills and estate planning documents, these do not offer the experienced assistance of legal representation.

Contact Us

The compassionate Oceanside estate planning lawyers of Fischer & Van Thiel are here to help. If you are ready to begin planning your estate, contact us to set up an appointment by calling 760-722-7646 today.