Wednesday, September 30, 2009
Shawn Kerendian Answers Why Do I Need Estate Planning
Why do I need estate planning?
Everyone needs estate planning. If your estate does not exceed the Exemption Amount, we will focus on your desires for distribution of your assets upon death, and the designation of responsible persons to handle the financial affairs of your estate. Additionally, as discussed further below, you will be able to designate responsible persons to make health care decisions for you and act as guardian(s) of your children if you are unable to do so.
If your estate is large and may be subject to significant estate taxes, in addition to the above, our attorneys will develop a strategy to preserve your assets during your lifetime and reduce or postpone the amount of estate taxes due.
http://ping.fm/YvdZ4
Everyone needs estate planning. If your estate does not exceed the Exemption Amount, we will focus on your desires for distribution of your assets upon death, and the designation of responsible persons to handle the financial affairs of your estate. Additionally, as discussed further below, you will be able to designate responsible persons to make health care decisions for you and act as guardian(s) of your children if you are unable to do so.
If your estate is large and may be subject to significant estate taxes, in addition to the above, our attorneys will develop a strategy to preserve your assets during your lifetime and reduce or postpone the amount of estate taxes due.
http://ping.fm/YvdZ4
Shawn Kerendian Explains Estate Planning
What is estate planning?
Estate planning involves loved ones (family, relatives, friends, charities), assets (real and personal property) and planning for loved ones' future needs.
A properly crafted estate plan will:
Plan for Incapacity. In case you become unable to manage your assets during your lifetime, you will be able to determine who and how such assets are managed.
Consider Lifetime Distributions. If appropriate based on your circumstances, a proper estate plan will reduce estate taxes through strategic lifetime gifts to loved ones.
Plan for Distributions. You choose who and how your assets are distributed. If you are married, a proper estate plan will utilize each spouse's respective Exemption Amount to reduce estate taxes, while still providing financially for the surviving spouse.
Plan for Financial and Health Care Decisions. You (not the court!) choose who makes financial and health care decisions on your behalf if you are unable to do so.
http://ping.fm/xehE4
Estate planning involves loved ones (family, relatives, friends, charities), assets (real and personal property) and planning for loved ones' future needs.
A properly crafted estate plan will:
Plan for Incapacity. In case you become unable to manage your assets during your lifetime, you will be able to determine who and how such assets are managed.
Consider Lifetime Distributions. If appropriate based on your circumstances, a proper estate plan will reduce estate taxes through strategic lifetime gifts to loved ones.
Plan for Distributions. You choose who and how your assets are distributed. If you are married, a proper estate plan will utilize each spouse's respective Exemption Amount to reduce estate taxes, while still providing financially for the surviving spouse.
Plan for Financial and Health Care Decisions. You (not the court!) choose who makes financial and health care decisions on your behalf if you are unable to do so.
http://ping.fm/xehE4
Contact Shawn Kerendian
Contact us for a free consultation
KERENDIAN & ASSOCIATES, INC.
11755 Wilshire Blvd., 15th Floor
Los Angeles, CA 90025
Phone: 310-914-4143
Fax: 310-914-5441
http://ping.fm/4XfhL
KERENDIAN & ASSOCIATES, INC.
11755 Wilshire Blvd., 15th Floor
Los Angeles, CA 90025
Phone: 310-914-4143
Fax: 310-914-5441
http://ping.fm/4XfhL
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