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The economic and personal upheaval triggered by the COVID-19 outbreak is likely to warrant a review of your estate plan, no matter how thorough you think it is. As Americans cope with health fears and financial volatility, it’s worthwhile to determine whether a will, trust, advance medical directive or other legal instrument needs to be revised based on your current circumstances and intentions.
A careful evaluation with assistance from a knowledgeable estate planning attorney can help you:
When a will, revocable trust or other type of estate planning document is created correctly, it should be clear, authoritative and legally enforceable. That doesn’t mean the terms are forever set in stone. Until the time you pass away, revisions can be made. After a major economic event like the COVID-19 crisis, a change in your family life or a significant shift in your personal financial fortunes, you may benefit by working with an experienced estate planning lawyer.
Fullerton, Lemann, Schaefer & Dominick, LLP advises clients on wills, trusts and other estate planning matters. Please call 909-963-1542 or contact the firm online to set up a consultation.
The law firm Fullerton, Lemann, Schaefer & Dominick, LLP represents clients in estate planning, trust and probate law matters in San Bernardino, Riverside, Orange and Los Angeles Counties and throughout the Southern California communities of the Inland Empire, including San Bernardino, Riverside, Redlands, Rancho Cucamonga, Upland, Chino, Chino Hills, Ontario, Fontana, Rialto, Colton, Bloomington, Loma Linda, Highland, Yucaipa, Calimesa, Banning, Beaumont, Moreno Valley and Corona, the Mountain communities of Lake Arrowhead, Big Bear Lake, Running Springs and Wrightwood, the High Desert communities of Victorville, Barstow, Hesperia, Apple Valley and Adelanto and the Low Desert communities of Palm Springs, Palm Desert, Rancho Mirage, La Quinta, Indian Wells and Bermuda Dunes.San Bernardino Office