If more people realized everything they could accomplish with a well-though out estate plan, there is no doubt more people would stop procrastinating and get started on their plan. A comprehensive estate plan offers you the opportunity to do so much more than just decide who will receive your assets when you are gone. Among other things, your plan can help you grow those assets throughout your lifetime and make sure they are used to provide for your loved ones at the end of your life. Choosing the right attorney to help you create your plan is a key component to the plan’s success. The estate planning attorneys at Sandoval Legacy Group, A Professional Law Corporation would be honored to be selected to help you with your Menifee, California plan.
About 30 miles southeast of Riverside, you will find the City of Menifee, California. The city encompasses approximately 50 square miles and is home to just over 91,000 residents.
The area now known as Menifee was once inhabited by the Luiseño people. Like much of California, the area eventually fell under the control of Spain in the 18th century. As a result of the Mexican-American War, the area was ultimately ceded to the United States by Mexico in 1850. During that time period, farming was a way of life for most people living in the area. The discovery of quartz in the 1880s by a miner named Luther Menifee (for which the town was named) led to a shift to mining for many residents of Menifee.
Planned development in Menifee didn’t really take off until almost a century later in the 1960s. A building contractor from Phoenix, Arizona began construction of Sun City, an active retirement community modeled after a similar development by the same name in Arizona. Menifee’s growth continued as a master-planned community throughout the 1980s and early 1990s. Although a lack of resources slowed that initial growth, growth has once again picked up with new home construction close to large parks, lakes, and amenities. In 2008, Menifee was incorporated, establishing Riverside County’s 26th city. Today, Menifee is recognized as one of the top 10 cities for growth in southern California.
Sandoval Legacy Group, A Professional Law Corporation in the Menifee, California Community
The estate planning attorneys at Sandoval Legacy Group, A Professional Law Corporation are dedicated to meeting the current and future needs of our friends and neighbors throughout the Menifee, California area. We strongly believe that working one on one with each client is the way to build lasting partnerships that are necessary to ensure the success of an estate plan. Consequently, as your life evolves, we are committed to ensuring that your estate plan doesn’t get left behind.
The need to review and revise your estate plan in the future is one reason that we urge you to develop an ongoing relationship with your estate planning attorney now. Establishing a solid foundation for your estate plan allows you to easily make changes to that plan in the years to come. As a young, single, adult just starting your career, your estate planning concerns may include a Will and Power of Attorney. Marriage may cause you to seriously consider the possibility of your own incapacity and the need to plan accordingly. When you experience the joy of parenthood for the first time it may be time to incorporate asset protection strategies as well as strategies aimed at protecting your minor children into your estate plan. For example, a trust might be added to your plan to protect the inheritance of your minor child. Guardians for children may be nominated. Once you have a well-established family and career, you should begin to focus more on the future by creating a retirement planning component within your estate plan. You should also consider the likelihood that you will need to pay for nursing home care at some point in the future which often triggers the need to include Medicaid planning in your estate plan. Finally, you may wish to consider adding advanced directives as well as funeral and burial planning to your estate plan to ensure that your wishes will be honored at the end of your life.
The estate planning team at Sandoval Legacy Group, A Professional Law Corporation would be honored to be your choice to help you with your unique estate planning needs both now and in the years to come.
If you have additional questions or concerns relating to estate planning, or wish to get started on your plan, contact the experienced Menifee, California estate planning attorneys at Sandoval Legacy Group, A Professional Law Corporation by calling (951) 888-1460 to schedule an appointment.