Estate Planning in California

We all know that death and taxes are two of the few constants in this world. However, it means we can plan for them ahead when there's no time left! The team at California - CPA Services will help you make a plan to ensure your family finances stay running smoothly after yourself by contacting us or visiting our office today.

Estate Planning: What It Is?

The estate planning process is a very important step in preparation for your future. You need to think about how you want assets such as money or property distribution after death. It includes all the assets that you own, from $5 in a bank account to one dollar invested into something with worth hundreds or thousands times.

The things we own and care deeply about can make up our estate. If you don't need to be a millionaire, just have some personal capital. The millions of people who use this to determine who gets certain assets from the deceased, instead of state distributing it based on intestacy laws will benefit greatly.

The Benefits of Estate Planning

The best way to plan your estate is by developing a legal will that allows you maximum control of how assets are distributed. You can also use this for certain family members who might benefit from specific pieces or parts. Putting someone in charge of distributing assets can ease confusion and heartache during the period leading up until an estate is distributed. Fights over who gets what will be much less intense with this plan, since it's already been decided by you beforehand.

Estate planning is a way to pass on assets and invaluable personality traits. It can include any personal or family values that you want conveyed by the person in charge of your estate.

When to Consider Planning Your Estate?

If you're someone who is looking for a way to plan ahead and prepare, we encourage all ages of individuals do so. If you own a business or large estate, it's important to plan for the future since heavy taxes and intestacy laws can affect your assets. When you’re ready to start planning your estate, our CPAs are here for every step of the process.

What do we offer?

One of the most important aspects to consider when planning ahead for your future is who will receive each asset. This includes all tangible property, such as real estate or vehicles; plus intangible assets like stocks and jewelry that you may own. Estate-planning begins by simply listing every item we're aware exists in our possession. Finally, we make sure that the right people are in charge of your care.

In order to make sure that your estate plan is complete, there are a few things you should do:

Will identifies the person who gets assets, an executor and guardian (if applicable).
The power of attorney allows you to make financial decisions in case something should happen.
Medical power of attorney identifies who will make healthcare decisions.
Living will expresses your preferences for end-of life care.
Trusts eliminate or lessen estate taxes and allow for easy asset management in your will.
Personal documents are those that have a personal significance to you.

We help you plan for your future by making sure that all of the factors are considered. You can be confident in how much direction will go into handling estate and end-of life care so there is no uncertainty or burden on anyone involved when it comes time to pass along what's been left behind.

We know that planning your estate can be stressful, which is why we're here for you. We'll support the process of making updates or changes as needed so it's easier on everyone involved.

Who We Can Benefit?

It's a time of change, uncertainty and new found freedom. People may be wondering what will happen to their estate when they die without planning ahead - this can cause distress for loved ones left behind who need answers about how best protect themselves during such an unpredictable period in life.

Estate planning is key to ensuring the safety and well-being of your loved ones following a death in the family. Our compassionate professionals can help relieve some stress by providing you with an outline for how best use all aspects.

Get the Expertise of California - CPA Services

We have a reputation for being the most trusted name in estate planning. With us, you can rest assured that your affairs will be handled with care and professionalism by experienced professionals who are committed to adhering strictly to ethics, values & expertise. We live by the values of hard work, integrity and professionalism. You can be sure that when you come to our firm for your financial services we will provide only what’s best.