Willow McJilton assists clients in developing and implementing an estate plan to guard against a lack of financial security, unnecessary taxes, expensive Court and legal costs, and/or family conflicts in the event of death, incapacity and/or a transfer of wealth within a family.
Estate planning is much more than having a will and trust in place. Of course, that is part of it, but effective estate planning puts you in control over your finances while you are alive and ensures that your family will avoid the costs, delays and frustrations that come with managing your estate after you pass away or if you become disabled. Being financially wise isn’t only about building wealth while you are alive. What people fail to realize is that estate planning is a method of asset preservation, a way to hold on to your hard earned money and life savings. It’s a way to protect your legacy and to provide for generations to come.
If you want more information about Sona, please visit her at www.Tatiyantslaw.com. You can also call her at 818-956-9200 or e-mail at info@tatiyantslaw.com. For more information Subscribe to the Financially Wise Women community here This is Britt Castro of FinanciallyWiseWomen.com! Like us on Facebook Follow me on Twitter Sona Tatiyants and Tatiyants Law are not affiliated [...]
An important aspect of being financially wise woman is being in control of your financial assets. Having a well crafted estate plan is a piece of that puzzle. A comprehensive estate plan can protect you in two important ways. First, it protects your assets from unnecessary expenses, such as probate costs and estate taxes. Second, it gives you the ability to control how your loved ones inherit your assets.
As an estate planning attorney, I find that my clients have the most difficult time when it comes to naming guardians for their minor children. This process is so daunting, it may take them weeks to get back to me with the chosen nominees. Going through this process can also bring up negative feelings about [...]
A revocable trust can protect families in multiple ways, one of the which is safeguarding assetsof minor children. California law provides that children are able to inherit when they become 18 years old. This means that if you pass away, your children will be entitled to their entire inheritance at 18 years old, even though [...]
There are five estate planning documents you may need, regardless of your age, health, or wealth: Durable power of attorney Advanced medical directives Will Letter of instruction Living trust The last document, a living trust, isn’t always necessary, but it’s included here because it’s a vital component of many estate plans. Durable power of attorney [...]
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