A death, be it natural
or sudden, is always going to be a painful experience to those
involved. The immediate family members left behind by the deceased
are the ones who are hit the greatest, and will need time to adjust
to their loss.
One of the things that
surviving family members need to take immediate notice of is the fact
that any property left behind by their dearly departed has to be
considered. One of the things people can do to help their loved ones
in the instance they leave this world is through the establishment of
a well-thought estate plan.
An
estate plan cannot be defined simply as a will or trust, as it
gives the plan holder the opportunity to make decisions when he or
she is unable to make the decision for himself or herself. This gives
the plan holder and opportunity to allow him or her to do what he or
she wants by planning ahead of time.
This policy is
advantageous to a lot of people, especially to individuals who do not
have wills yet. The California justice system, in particular, is
extremely strict about probate laws: if the deceased left behind a
property that amounts to a value greater than $150,000, then there is
no excuse for a family to go into probate court to settle financial
matters with the government.
Ultimately, adopting an
estate plan will help the plan holder and the family prepare for the
worst.
