Trusts & Estate Planning
How We Can Help
We help create your Trust and comprehensive Estate Planning solutions tailored to your specific needs and goals. Our dedicated team is here to support you in developing personalized Living Wills, Powers of Attorney, Health Care Directives, and robust Trusts and Estate Plans.
You're Unique, So Your Plan Should Be Too.
We listen carefully to what you need. We work closely with you to create a strategy that effectively protects your assets and ensures the future well-being of your family. With our guidance, we can help you develop and maintain family privacy and fulfillment of your your wishes.
Protecting Your Family And Your Future
What is an "Estate Plan"?
You don't need a mansion in Beverly Hills to need an Estate Plan. Your greatest asset is your independence and autonomy. An "Estate Plan" allows us to prepare a variety of documents to make sure the state or county doesn't step in to control your wishes during your lifetime and following your life.
Estate Planning is the planning of your estate for after your life. Your estate includes all of your money (savings, investments, etc.), your life insurance, your house, other real estate, your business, all of your personal property, and even your pets.
By planning what you want to happen to these things before your death, you can guarantee that your life’s work will garner the respect it deserves after your death by having your wishes honored. Your estate plan will also protect you as you get older, making sure you are safe and taken care of. In addition to this, estate planning helps protect your children, family members, and pets amid a hard time, helping them avoid the stress of planning your estate after you are gone.
Our team can help you achieve all that you want to with your legacy and to protect it.
What is a will?
I often describe a will as a “Dear Judge” letter. A will is not self-executing and must go through a legal process called probate. Working with an experienced attorney for a will can help ensure everything is properly prepared. Your Last Will and Testament outlines how you want your affairs handled and how your assets should be distributed, but it only takes effect through the probate process after your death.
What is a Trust?
I hear clients ask “Why do I Need a Trust” every day. A Trust holds your money or property in a special way. It helps you avoid probate and keeps your plans private. It's a strong tool to help you and your family.
Think of a Trust as a "bucket" to hold your assets: take a look at our bucket Why a Trust Matters diagram.
Take a look at my recent Article regarding What to Expect at an "Estate Plan Consultation"
What can our team do for you?
We develop your personalized plan using a variety of documents such as Wills, Trusts, Health Care Directives and Powers of Attorney to meet your individual needs and goals. We help develop the plan to best protects your assets and your family’s future; while maintaining family privacy and keeping control of your wishes.
We discuss what your values are, what your needs are and how your needs and the needs of your family can be protected and represented in your Estate Plan.
Our unique law firm experience is a 5-step proven process you will be 100% thrilled with.
Unlike other firms, we don't just sell documents, we deliver peace of mind. We communicate with you, listen to you, and we treat you with the same care and respect we'd want for our own family.
We have streamlined the estate plan process, so you can spend less time at your lawyer’s office and more time living your life!
The JakobLegal Difference: 5-step process:
1. We Get to Know Each Other
You will be assigned a Client Coordinator who will immediately begin helping you to prepare for your appointment. You will chat with us about your goals, concerns, and your family. We will schedule your signing date so you'll know your goal is in sight.
2. Meet with your Estate Planning Attorney
At your attorney meeting, once our client agreement is signed, we will begin our promised attorney/customer service experience. We will curate the best plan to achieve your goals and ease your concerns at this comprehensive appointment.
3. Personalized Plan Developed
Our team will roll up their sleeves to begin your personalized and detailed plan design. It will be developed and tailored to your exact needs, and the appropriate documents will be drafted.
4. Signing Meeting
At the signing, we'll go over every detail and ensure you fully comprehend your plan. We simplify complex legal jargon, making it accessible to you and your family, so you don't need legal expertise to understand how it benefits you.
5. Life Happens
We are all human and life has its unexpected twists and turns. Our promise to you is we will help you along the way and be here for your family when you need it the most.
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Effective Trusts & Estate Planning Services
A trust may offer you a variety of advantages, such as:
- Avoiding Probate
- Protecting Adult Children from their Potential Mistakes
- Minimizing or Avoiding Tax Consequences
- Keeping Financial Information Private
- Setting Money Aside for Your Children and Grand Children
- Setting Aside Money for Potential Disability or Long-Term Care
- Assisting with Supplemental Needs or Special Needs
- Obtaining Medicaid for yourself or a loved one
Types Of Trusts
- Revocable Living Trust
- Living Trust
- Joint Trust
- Spendthrift Trust
- Irrevocable Trust
- Medicaid Trust
- Land Trust
- Testamentary Trust
Links and Resources
Medicaid recipients are wondering how the payment from the stimulus check will affect their eligibility.
As part of its response to the coronavirus pandemic, the federal government is broadly expanding coverage of Medicare telehealth services to beneficiaries and relaxing HIPAA enforcement. This will give doctors the ability to provide more services to patients remotely.
Many movies and television shows have a scene where a family gathers around a big table after a relative has died to listen to the reading of the will. While this makes for a dramatic scene, one that may have been more common when literacy rates were lower, it doesn’t usually happen this way in the modern world.
Unfortunately, this global health crisis can affect all aspects of your life. You should make sure you have these essential documents in place to protect yourself and your family
If you have a loved one in a nursing home, read how to ensure your loved one remains healthy.
Computer Virus Scams and Fake Cures – How to protect yourself during this epidemic.
Now is the time to make sure you are protected if you are quarantined or if you get sick! You will rest easier if your basic estate planning is done. But everyone should have these three basic documents, regardless of their wealth or health.
A durable power of attorney (POA) allows the person creating the POA, called the “principal,” to name a trusted agent who can act on his behalf in almost any situation. But because of the risk of abuse, many banks will scrutinize a POA carefully before allowing the agent to act on the principal’s behalf, and…
Trusts can be useful tools to pass assets to the next generation, protect your assets, save on estate taxes, or set aside money for a family member with special needs. The question I hear most often regarding trusts is “What is the difference between a Revocable Living Trust and an Irrevocable Trust.” Although both are…
1: When should you enroll in Part B? The magic age is 65! Even if you haven’t retired yet, you need to sign up during a seven-month initial enrollment period, which begins three months before you turn 65 and concludes three months after your birthday month. An exception allowing the delay of enrollment is if…
“Leave A Legacy, Not A Mess”
Emerald Publications – September, 2007
Get The Ultimate Life Organizer
There's a lot to think about when you're collecting information for your estate plan. Download our free 17 page Complete Life Organizer and make sure you have everything covered!
