Estate Planning

Estate planning can help you accomplish your goals for your estate. The process of estate planning encompasses trusts, disability protection and estate tax planning techniques.  An estate plan can help your estate pass on quickly, without complication and with fewer taxes.  Effective estate planning can even protect your children's inheritance from the threat of divorce, lawsuits and bankruptcy.


Contact the Grossman Law Firm, A.P.C. at (951) 683-3704 or (866) 540-0000 for advice regarding your estate plan.  We have over 19 years of combined legal experience and can help you with your estate planning needs.


Wills & Trusts

Wills and trusts are both fundamental to estate planning.  If you pass away without a will, your family will not know your intentions.  A will is a legal document that gives rights to others regarding your assets, property and family.  It lets your beneficiaries know what you wanted and can help eliminate potential conflict.  A trust also allows you to control what happens to your estate, but it is more detailed than a will.  Trusts can be established by a will, known as a testamentary trust, or during your lifetime, known as a living trust.  With a trust, property is managed by one person, known as the trustee, for the benefit of another.  Trusts are used for many purposes and there are various types of trusts available. 

The southern California estate planning attorneys at the Grossman Law Firm, A.P.C. can help you establish a will and trust, as part of your estate plan.  A trust should not be created without the assistance of a knowledgeable trust attorney, who can ensure that the trust is valid, meets your needs and will promote family harmony.


Estate Tax Planning

Inheritances are often depleted by substantial tax burdens through state and federal estate tax.   An estate plan can reduce the tax burden placed on your estate.  Tax laws constantly change and it is important to anticipate the impact on the estate. There are strategies that can help lower the amount paid in estate tax and generation-skipping tax.  At the Grossman Law Firm, A.P.C., we can provide you with estate tax planning techniques to ensure that your heirs receive the maximum amount of inheritance.  We will also explain the tax laws that could impact your estate.

 
Asset Protection

A lawsuit could put your assets in jeopardy.  You need to make sure that your assets are protected and that your exposure to lawsuits and claims is limited.  The asset protection lawyers at the Grossman Law Firm, A.P.C. can assist you with the development and implementation of an asset protection plan.  Some of the techniques used in asset protection plans include:

• Irrevocable Trusts
• Limited Liability Corporations
• Family Limited Partnerships
• Asset Transfers

We can tailor the asset protection plan to meet your specific needs.


How We Are Different

The Grossman Law Firm, A.P.C., located in Riverside and Temecula, California, is dedicated to helping families with wills, trusts and other areas of estate planning.  Unlike other law firms that practice numerous areas of law, we limit our practice to the creation, use of, and litigation of wills and trusts.  Our narrow focus has allowed us to successfully represent clients in the matters relating to estate planning. 
 

Call us today at (951) 683-3704 or (866) 540-0000 for a free 30 minute telephone consultation regarding estate planning.
 

We represent clients in Riverside, Temecula, Murrieta, Hemet, Redlands, Chino, Ontario, San Bernardino, Palm Springs, Indio, Palm Desert, Riverside County, San Bernardino County, San Diego, Vista, and San Diego County.

---

Web Resources for Estate Planning:

• New York Times

  Description: The New York Times often has good articles and columns on financial planning

• Wall Street Journal

  Description: The Wall Street Journal has regular features on estate planning and occassionally has stories on probate and trust administration.

View All