Estate Planning 101


he number one way to avoid the varied disputes our law firm has seen throughout the probate process is through proper estate planning. To summarize what estate planning is, it’s essentially the operating manual for how you want your affairs to be managed both today and in the future. You map out an exact plan as to how your property should be transferred. As your estate planning law firm, our goal is to save your estate money from court fees to estate tax.

What Is Estate Planning?

In basic terms, estate planning involves making a plan on how you want your assets distributed after you die. In addition to naming whom you want to receive your property upon your passing, an estate plan can:

  • Name a guardian for your minor children
  • Include instructions for your care if you become incapacitated
  • Provide for loved ones with special needs without disqualifying them from government benefits
  • Provide for financially irresponsible beneficiaries
  • Provide protection from creditors or lawsuits
  • Reduce or eliminate taxes, court costs, and legal fees

What are the advantages of Estate Planning?

With proper estate planning, you have a plethora of tools at your disposal to accommodate your personal situation and estate planning needs. One of the most powerful financial instruments that our firm can provide for you is the trust. A trust is a separate legal entity which is managed by a trustee for the benefit of a beneficiary. Trusts can provide you with several key advantages such as avoiding the probate process, saving on estate tax, taking control of your funds and their exact distribution while alive and deceased, qualifying for Medicaid, and protecting your financial legacy.

Aside from the preservation of wealth, a trust can also be incorporated with a guardianship strategy to ensure a person receiving government assistance due to disability and dependency, will not be disqualified in the event you want to provide additional funds to a person in need. With advanced planning, you can set up such a trust for a loved one without defeating their eligibility for public benefits.

What are the advantages of working with us?

Estate planning, Probate, and Trust Litigation touch on the most intimate areas of your life, your family dynamics, your finances, your health, your beliefs, and your mortality. At the Law Offices of Whitney Davis-Houston, we provide a caring and personal environment for you to discuss these highly personal items, while strategizing to ensure we maximize your ability to create and maintain generational wealth.

Schedule your Estate Planning consultation today... Let's talk.



Whitney Davis-Houston
401 Wilshire
12th Floor #903
Santa Monica, CA 90403