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June, 2017 | Allen, Flatt, Ballidis & Leslie Blog Archive

The Importance of Wills, Trusts and Estate Planning

By Newport Beach Personal Injury Attorney on June 20, 2017

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Does the whole idea of “estate planning” seem a little off-putting to you? Or maybe you’ve had the impression it's something that only very wealthy people need to do? Don't let the legal terminology fool you.

Estate planning is simply the process of getting your affairs in order so that you make things easier for your surviving family members when the time comes. It doesn't have to be difficult, expensive, or depressing. All you need to do is take a few simple steps: Take a look at what you own, make a will and a few other documents (our expert team of lawyers can assist you with this), and review the beneficiary designations on your retirement accounts. For the vast majority of Americans, there's no need to worry about estate taxes or fancy trusts.

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Posted in: Estate Planning

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