Protect Your Estate and Heirs in Los Angeles County with Estate Planning
In the State of California, estate planning is particularly important. If the assets you wish to leave your loved one are not protected by a trust, the probate court steps in. Serving Los Angeles County, Ventura County, and the San Fernando Valley area in between, Mark H. Boykin offers comprehensive estate planning services.
Every substantial estate must pass through probate. For those with planning tools in place, this becomes a quick, almost rubber-stamp process. However, Los Angeles County estates without trusts must settle every issue through the probate court system, possibly suffering heavy consequences:
- Speed: A properly set-up trust takes 8 to 12 months to be resolved and distributions made. A simple probate case with no complications takes a minimum of 12 months.
- Privacy: Through a trust, settling an estate is a private matter. Probate cases settled in court are a matter of public record that anyone may read.
- Value: A trust ensures the full value of a closely held business is passed on to heirs. A business providing a service depending on one person’s skills (accountant, lawyer, physical therapist, etc.) may suffer 100% loss in value without proper planning if that key person should pass away.
The California probate system is a very detailed area of law. Lawyers without specific knowledge may cost their clients large amounts of money and time merely by failing to follow up in a timely manner. Inexperienced lawyers may also craft imperfect trusts and other estate planning tools that may be subject to future court challenges and suits between family members.
For a Better Future:San Fernando Valley & Ventura County Estate Planning Attorney
Mark H. Boykin has over 30 years of experience as an estate planning attorney, helping moderate to high new worth clients prepare for the future. He stands by his clients and helps them through the probate process and beyond with estate administration services. Mark believes in personal service, and you will receive his full attention, even when calling or emailing to schedule a free consultation.
During your free initial consultation, Mark H. Boykin can quickly identify issues and determine the best possible course of action for you and your family members. Call his office or complete our online contact form to arrange a free initial consultation at his San Fernando Valley office.