What is Estate Planning?

Estate planning is the process to determine how your assets, also known as your “estate,” will be distributed after you die. Who do you want to receive your assets, and how much do you want each person to receive? If you are leaving your assets to your children, do you want them to be given those assets outright when they turn 18, or do you want to make provisions for the payment of their college education? Do you want to leave a gift to your favorite charitable institution? These questions are at the heart of the estate planning process. Thinking these questions through can be difficult, but to formulate a plan that answers these questions can bring you peace of mind. With proper planning, you can ensure that your loved ones will benefit and your assets will be properly managed and distributed.

If you have questions about Estate Planning, please submit your confidential question online, or call Walton Law Firm for a free and private consultation. We can be reached toll free at (866) 607-1325 or locally at (760) 607-1325. You may also contact us online.