Protect Your Legacy With Wills and Trusts
For many people, planning for the end of life is an unpleasant process that they put off as long as possible. This is unfortunate, because a lack of planning can cause enormous financial difficulties for your loves ones and your future self.
CC Law Group assists individuals and families in controlling their personal destinies and the destinies of their assets by establishing wills, trusts, health care directives and other planning documents. We can help you avoid the time-consuming and resource-draining probate process while preserving your dignity and your financial legacy.
For more information, contact our law firm in Newark, California, at 510-402-1579.
Effective Asset Distribution — Newark Wills and Trusts Attorney
A solid estate plan can help prevent the products of your life's work from disappearing due to your incapacity or death.
Cynthia Cho, our skilled Newark wills and trusts attorney, can assist you helping you draft a will or establish a trust to preserve assets for the benefit of your loved ones.
Drafting a Will
By drafting a will, you can prevent the expensive and time-consuming probate process by which a court apportions your assets after your death or incapacity. When an estate goes to probate, decisions about your assets are no longer yours or your family's. Instead, the court distributes assets according to state guidelines.
Establishing a Trust
Through a trust, you can establish a protected fund pay — among other things — for the education of a minor child, the support of a spouse, or nursing care of an elderly or disabled loved one. You can even give money to a charity.
Our law firm can assist you in establishing revocable trusts, irrevocable trusts and family trusts. Each trust has advantages and disadvantages:
- Revocable trusts. As their name indicates, revocable trusts can be amended if you change your mind later about their terms or conditions. The disadvantage is they are considered personal assets and offer no protection from creditors if you are sued. They can also be taxed at the time of your death.
- Irrevocable trusts. These trusts can't be changed once invoked — a substantial disadvantage. The good news is they are protected from creditors and aren't taxable as part of your estate. Irrevocable life insurance trusts are a common type of irrevocable trust.
- Family trusts/Special Needs Trust. This category of trust is for the benefit of others. You can reserve money for a relative's college education or for the health care of a mentally disabled person, for example. Such trusts can be designed as either revocable or irrevocable.
Whether you are a young parent or an older person planning for your retirement years, our lawyers can tailor your will or trusts to meet your individual situation.
Ask About Our Full Service Estate Planning Packages — 510-402-1579
At CC Law Group, we can bundle our various drafting services into a single cost-effective package. You can walk out of our door with a completed will, trust, powers of attorney, health care directives, living wills and other planning documents.
Not only are these bundles convenient, they enable you to comprehensively plan for your future in one step and keep your documents in one place for future reference.
Our office is located right off 880 near the Dunbarton Bridge, has free parking and is handicap accessible.
For more information, contact our Northern California living will attorney at 510-402-1579.
