Estate Planning

Peter Cianchetta is your Elk Grove Estate Planning Attorney

Wills – Simple to Complex starting at $200 for a simple Will. If you pass away without a will, you are “INTESTATE.” Intestate succession is determined by California Probate Code Section 6400 through 6455.

Every person should have a Will.  If you have Children, do you want the State picking who will raise them if something happened to you?  If not then you need a will.  Likewise, do you want the State deciding how to divide your assets?  If no then you need a Will or Trust

Trusts – Living Trusts, Irrevocable Trusts, Special Needs Trusts and Pet Trusts.  Simple Trusts start at $800.

Trusts avoid probate.  Trusts survive you and allow your estate to function uninterrupted.  Trusts can be simple or very complex.  Most of us only need a simple Trust.

Pet Trust – Yes, in California you may establish a Trust for the care of your pets.  Make an appointment to discuss how you want your pets cared for.

Special Needs Trust – These are established to provide for persons with special needs to preserve their gift for special things while the person may remain on public assistance.

Irrevocable Trust – The Trust Assets are no longer yours, however you may set this type of Trust up to protect your assets while those assets provide for your living.  The most common example is a Charitable Remainder Trust, this Trust is where you make a donation to a Charity, and while you are alive, the income is paid to you, when you pass, the Charity keeps the Trust Assets.  This allows you do donate, take the tax deduction and then receive income from your donation.