Guiding You Through The Estate Planning Process
Setting up an estate plan is one of the most important steps you can take to protect yourself and your loved ones in the event of death or incapacity. It puts you in charge of your finances and can spare your loved ones the expense, delay and frustration associated with managing your affairs when you pass away or become disabled.
At The Law Office of Jamay Lee, A Professional Corporation, we understand that you want to create an estate plan that provides you with peace of mind today and provides for your loved ones in the future. Our focus on estate planning and related areas has helped many clients in San Mateo and the surrounding area create a plan that prepares them for the future.
What Goals Can Estate Planning Help You Achieve?
With proper estate planning you can:
- Prepare for incapacity
- Avoid the probate process
- Name a guardian for minor children and provide for their needs
- Control timing of distributions of your estate
- Prepare for the taxation of your estate
- Give to charitable causes that matter to you
It is also important to consider whether you’d like your beneficiaries to receive your assets directly, or to have the assets placed in trust and distributed subject to conditions and circumstances such as age, need, and even incentives based on behavior and education. Without proper planning, young beneficiaries may receive their distributions as early as age 18.