When your family is putting together an estate plan, one of the central issues is how specific property and assets will be distributed. Whether you are talking with your parents about their estate plan, or putting together a plan for your own family there are a few important points to keep in mind.
• Are there valuables that need to be sold?
• Is there a way to distribute real property without forcing a sale after death?
• What are the tax consequences of asset distributions?
• Are their preferences among heirs on property?
While each family has to consider their unique circumstances, consulting with an estate planning attorney will help you make the best decisions to provide for your family’s future.
Please contact us at 951-445-4114 to assist you and your family with these important issues.