Estate Planning

In California, estate planning encompasses legal and financial measures that dictate what happens to your assets after you pass away and lays out a plan in case you ever become incapacitated. Estate planning gives your loved ones and caregivers instructions and guidance about your wishes.

Your estate plan covers:

• Your property, such as your home and vehicle
• Your assets, such as investments and bank accounts
• Your legacy, such as inheritance and business succession
• Your care, such as appointing a guardian for minor children

Creating a will is only a small part of the estate planning process. While a will provides instructions, it does not protect your beneficiaries from delays and monetary loss during the California probate process.

While estate planning looks different for each person, Jim Lawless recommends a revocable living trust to all clients whose assets are valued at $150,000 or more. Jim can help you create your estate plan in Palm Springs, CA and the nearby Desert Cities.