PROTECT YOUR ESTATE AND YOUR HEIRS
In the State of California, estate planning is particularly important. Either assets you wish to leave your loved one are protected by a trust, or the probate court steps in.
Every substantial estate must pass through probate. For those with planning tools in place, this becomes a quick, almost rubber-stamp process. However, estates in LA County without trusts that are forced to settle every issue through the probate court system may suffer heavy consequences.
These may affect—
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Speed A properly set-up trust takes 8 to 12 months to be resolved and distributions made. A simple probate case with no complications takes a minimum of 12 to 18 months.
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Privacy Through a trust, settling an estate is a private matter. Probate cases settled in court are a matter of public record that anyone may read.
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Value A trust ensures the full value of a closely-held business is passed on to heirs. A business providing a service depending on one person’s skills (accountant, lawyer, physical therapist, etc.) may suffer 100% loss in value without proper planning if that key person should pass away.
An experienced lawyer makes a big difference
Lawyers without specific knowledge of the California probate system may cost their clients large fees and substantial delays—merely by failing to follow up in a timely manner. This is a very detailed area of law.
Inexperienced lawyers may also craft imperfect trusts and other estate planning tools that may be subject to future court challenges and suits between family members.
Select Mark Boykin with confidence
Woodland Hills, CA attorney Mark Boykin has 25 years of experience helping moderate to high new worth clients plan for the future. He stands by his clients and helps them through the probate process and beyond with estate administration services. Mark believes in personal service, so you can be sure you receive his full attention.
FREE CONSULTATION
During your free initial consultation, Mark can explain the various options available to suit your unique circumstances and help you take the best possible course of action.
Call the Law Office of Mark Boykin at 818 883-0871 or email him at mhb@markhboykin.com to arrange for your free initial consultation at his Woodland Hills, CA office. Mark will respond to you personally.
I you prefer, you may contact Mark online by filling out his handy contact form right now.