According to the Steve Bliss of California, Estate planning is the strategic development of the distribution of the assets of the deceased person. The estate planning attorney strategically plans the management of the assets which are related to the deceased person. The planning also includes carrying out the last wishes mentioned in the will of the deceased person. The wishes have to be carried out in regards to the caretaker of the living family members of the deceased.
Assembling of assets are done
The estate planning attorney of Steve Bliss of California marshals is knowledgeable and skilled. They are able to assemble all the assets of the deceased and plan out the estate before planning it correctly in court. It is required to determine exactly who is going to receive the share after the death of the owner. The attorney helps in placing all the assets and its documents in the correct manner in front of the court. It requires mentioning the person whom you want to give your assets after your death or due to your incapability.
Declaration of your trust is important
The attorney places the assets for evaluation of the tax consequences and the financial penalty. The preparations of those actions are also under the work description of the attorneys and they do it. Steve Bliss attorneys are skilled enough to do their work skillfully and patiently. It is your duty to let it not get dragged to the probate. During your living years, you can declare your trust for a second person other than you. You create a legal entity other than you where you can give away your property fund in your absence or when you have the incapacity.
You are still the owner of your trust
The estate planning attorney will help you to create a trustee which is fully functional other than you and does all that you instructed it to do. Now as you fund your trust, you change the name of the owner of your assets to individually name as a trustee. The best part is that you will be able to control your trust as a trustee.