Estate Planning in Bakersfield | Estate Planning for the New Year

If you are still pondering New Year’s resolutions for 2020, you should consider updating your estate planning. All too often, these important matters are put off until it is too late, or are crafted far in the past and then forgotten. The experienced attorneys of Young Wooldridge LLP can provide guidance and legal services as you consider updating your estate planning in Bakersfield or the surrounding communities.

Wills and Probate Matters

As one of the most basic documents of your estate planning in Bakersfield, everyone should prepare a will. Executing a legal will and keeping it updated ensures that your estate will be distributed according to your wishes upon your death. You do not have to possess considerable assets to need a will.

Without a will, your estate matters will be handled by the California courts, likely causing your remaining family some difficulty in obtaining fair shares or prized items. Moreover, your assets may also be distributed to parties that you do not wish to receive benefits. Recording a legal will now allows you to make and enforce your choices and preferences.

Durable Power of Attorney

Another item you should craft and keep updated is a Durable Power of Attorney. A Power of Attorney grants another individual the authority to make medical or financial decisions on your behalf, should you become in any way incapacitated, and unable to make your own decisions. Without this legal document, the courts will likely appoint a guardian to make these decisions. This can complicate matters and cause considerable stress for your family.

Although you may have shared with a close relative your wishes in case you are unable to express them yourself, if nothing is declared legally in writing, then your wishes will not be considered. Young Wooldridge LLP can help you craft and update this document as part of your estate planning in Bakersfield for you and your family’s peace of mind.

Estate Planning in Bakersfield for 2020 and Beyond

As this New Year gets underway, take the time to reexamine your estate planning, or prepare these important documents for the first time. No one knows what the future holds; but the experienced estate planning attorneys at Young Wooldridge LLP can help you prepare and maintain a comprehensive estate plan to guard your future. Call us at 661-327-9661 or message us online to inquire about estate planning in Bakersfield.