Controlling what happens to your property:

• Retaining absolute control of your property throughout your lifetime
• Apportioning shares and making gifts to loved ones as you see fit
• Keeping your personal and financial information private
• Versatility of being able to make changes in your estate plans at any time

Saving money & preserving your estate

• Avoiding probate and attorneys' fees
• Taking advantage of significant tax strategies and advantages
• Avoiding a "fire sale" of assets
• Providing for grandchildren and saving money

Convenience for your family/heirs

• Leave clear, written instructions of your wishes
• Avoiding probate inconveniences
• Providing privacy for your family/heirs
• Providing timely access to estate resources for your family/heirs

The California Bar Association produced a publication on estate planning that further explains why you may need estate planning. Click here to view excerpts from that publication.