Estate Planning Attorney in Westlake Village, CA
Now, more than ever before, it is crucial for anyone, from any walk of life, to have an estate plan. While many people may think that having an estate plan is just for the extremely wealthy or individuals later in life, the opposite could not be truer. Whether you are raising a family in Thousand Oaks or are stationed at Port Hueneme, protecting your legacy and that of your loved ones has never been so important, and a Westlake Village estate planning lawyer is here to help.
At Felder Law, we aren’t just another team of stuffy attorneys — we are your neighbors, your friends, and your allies. We are passionate about ensuring that your estate plan perfectly fits your needs and those of your loved ones, and our team is dedicated to crafting a personalized estate plan that protects your interests for years to come. Led by a Rising Star attorney, we offer empathetic and compassionate counsel and want our clients to feel empowered and heard.
Estate Planning to Fit Your Needs
Having an estate plan in place can be an essential tool for anyone. However, only around 26% of Americans actually have these necessary documents in place. Creating the right estate plan for you and your loved ones starts with defining your goals and desires for how your assets should be protected during your lifetime and your goals for these assets once you are no longer with us. Estate plans can also be used to protect minor children.
At Felder Law, we understand how difficult it might be to discuss some of these topics, and we hope to meet you where you are and ensure that you have all the tools and knowledge necessary to make the right decisions for yourself and your loved ones. When you meet with our team, we can review your life circumstances and help determine the correct option for you when it comes to a comprehensive estate plan.
- Estate planning for young families. No one wants to think about what might happen to their children if they suddenly pass away. These are tragic scenarios that no one should deal with, yet it is important to plan for these horrific events, especially when you have young children still living at home. The US Census Bureau estimates that around 3% of all children living in America have lost one or both of their parents.
In a Westlake Village estate plan, you have the ability to name a guardian for your children in the event that you become incapacitated and unable to care for them on your own, or in cases where you suffer an untimely death. A trust can also be important for protecting your child’s inheritance until they are of legal age.
- Estate planning for military families. Thanks to its proximity to several military bases, Westlake Village is home to a wide range of military families and service members. As a member of the armed forces, having an estate plan is extremely important. For military members with children still at home, having an estate plan is even more vital to consider, as you can name legal guardians for these children should you pass away.
Military families can also work to protect their assets through the use of wills or trusts, which can help ensure that their survivors receive the benefits they are due.
- Estate planning for same sex couples. Thanks to the current administration, same-sex couples and families are growing increasingly concerned regarding their marital rights. Thankfully, creating an estate plan now can help ensure that your wishes are honored, your assets are protected, and your loved ones are provided for, no matter what the future may hold.
There are several key strategies that can be implemented for same-sex couples looking to create an estate plan, including trust-based estate planning, legal power of attorney documents or healthcare directives, and cohabitation agreements.
- Estate planning for single parents. Most folks don’t realize that undergoing a divorce can have a huge impact on their estate plan. Many people believe that the assets they have worked so hard for simply transfer to them in a fair and even way after divorce. This is not always the case.
Currently, California has a divorce rate of around 5.88 %. As a single parent, it is vital to create an estate plan that works to protect the inheritance of your children, but also protects their future by naming a guardian who can act in your place should you pass away before your child comes of age.
Whatever life circumstances you find yourself in, Felder Law is here to ensure that your assets and future are protected and that your children are cared for even after you are gone. We understand that these are difficult topics to discuss, which is why we approach every case with empathy, compassion, and care.
You’re not just hiring a lawyer
you’re building a relationship.
Key Aspects of a Comprehensive Westlake Village Estate Plan
Depending on your circumstances and what your unique position calls for, there are several aspects of a Westlake Village estate plan that can be crucial to your well-being and the protection of your loved ones. The key parts of a comprehensive estate plan include:
- Wills. A will is a legal document that outlines to whom your assets should be distributed, how they will be distributed, and when. You can also name guardians for your minor children in a will.
- Trusts. A trust is a legal entity that can hold certain forms of property or other monetary assets for the benefit of an individual or an organization, such as a charity of your choosing.
- Healthcare directives or powers of attorney. These legal establishments can give an individual, such as a spouse or child, the right to make certain medical or financial decisions for you should you become incapacitated and unable to do so yourself.
Why Hire an Estate Planning Lawyer From Felder Law?
At Felder Law, we offer a wide range of services to address every aspect of estate planning, including wills, trusts, power of attorney, healthcare directives, asset protection, and more. Through strategic estate planning, we can help minimize tax liabilities, protect your assets from creditors, and ensure a smooth transition of wealth to future generations.
Our goal is to help you preserve your hard-earned wealth for the benefit of your loved ones. Whether you’re just starting to plan your estate or need to update an existing plan, our team has you covered.
Start Building Your Future: Contact Felder Law Today
Don’t navigate the complexities of estate planning alone. At Felder Law, we are here to help you take control of your future with clarity and confidence. Whether you are hoping to create an initial will, modify an existing one, or establish a trust, our team is ready to help you. When you hire an estate planning lawyer from Felder Law, you’re not just getting a lawyer; you’re getting a fierce friend and legal advocate.
Contact Felder Law today and let me guide you toward achieving your goals and protecting your loved ones. Schedule your appointment today.
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