In your everyday life you likely go to great lengths to protect both yourself and the people and things that are important to you. You probably have insurance that covers you, your home, your vehicles, and even your loved ones. You also schedule regular check up to ensure you remain healthy and mentally capable. If you do not have an estate plan in place though, you are missing out on a major opportunity to add to the steps you have already taken to protect you, your estate, and your loved ones. When you are ready to get started on your Murrieta, California estate plan, the estate planning attorneys at Sandoval Legacy Group, A Professional Law Corporation would be honored to be selected to help you.
Located in southwest Riverside County, California, the City of Murrieta covers just over 33 square miles and was home to 103,466 residents at the 2010 Census. Having experienced a 133.7% population increase between 2000 and 2010, Murrieta is among the fastest growing cities in the State of California. Murrieta is also considered part of the Murrieta-Temecula-Menifee Urban Area with a population of 441,546 at the latest Census and is located within the Los Angeles-San Diego Mega-region which is home to a staggering 22 million people.
The City of Murrieta got its name from one of its first inhabitants. In 1873, Domingo Pujol, Francisco Sanjurjo, and Juan and Ezequiel Murrieta purchased 52,000 acres in what is now southern California but at the time were considered the Rancho Pauba and Rancho Temecula Mexican land grants. The original partnership dissolved in 1876 but the Murrieta brothers kept 15,000 acres located in the northern half of the Temecula Rancho. In 1882, Juan Murrieta granted a 100 foot right-of-way to the California Southern Railroad through the Temecula Rancho to facilitate the railroad’s construction through the valley. Once the railroad was constructed, the Temecula Land and Water Company purchased about 14,500 acres from Juan Murrieta and mapped a town site along the railroad which began to flourish. By 1890, Murrieta had a population of about 800 residents. Because of its location along the Southern California Railroad’s Transcontinental Route, Murrieta was a popular tourist destination throughout the 19th century and well into the 20th century – with many visitors seeking the healing powers and relief from the natural hot water and sulfur springs at Murrieta Hot Springs. When the trains stopped in the 1930s, however, the tourists stopped coming as well and Murrieta slowly reverted back to a small country town – until the town got its second win in the 1980s. As the populations of cities in Orange, San Diego, and Riverside Counties began to swell, Murrieta began to be an attractive suburban alternative to the congestion of those larger cities. The City of Murrieta was incorporated on July 1, 1991. At the time of its incorporation, the population of Murrieta had increased from a mere 2,200 residents in 1980 to 24,000 in 1991.
Sandoval Legacy Group, A Professional Law Corporation in the Murrieta, California Community
Given the importance of the finished product, care should be taken throughout every step of the estate planning process, starting with your choice of an estate planning attorney to work with you on your plan. The estate planning attorneys at Sandoval Legacy Group, A Professional Law Corporation know that choosing an attorney to help you with your Murrieta, California estate planning needs is an important decision. We would appreciate the opportunity to sit down with you and discuss how we can help you with your estate plans.
Creating an initial estate plan is only the first step in ensuring that everyone and everything that matters to you is protected. You will also need to review and revise that plan as your estate and your family grow. Your initial Last Will and Testament, for example, will work fine to provide a way to nominate guardians for your children and a roadmap for the distribution of your estate should something happen to you at a young age. Later, a living trust might be added to your plan to protect the inheritance of your minor child. You will also likely want to consider adding incapacity planning tools and strategies to your plan to ensure that someone of your choosing takes over for you if you ever suffer a period of incapacity. As your estate assets grow in size and value, asset protection will become important as will saving for your retirement years. Looking ahead to your retirement years, long-term care planning may call for the addition of a Medi-Cal Asset Preservation Trust. Likewise, you may want to execute an advance health care directive if you have strong opinions about end of life medical treatment. If you have pets, you may wish to add a Pet Trust or if you are a gun enthusiast – a Gun Trust. 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 Murrieta, California estate planning attorneys at Sandoval Legacy Group, A Professional Law Corporation by calling (951) 888-1460 to schedule an appointment.