Our Estate Attorneys Will Protect What Matters Most To You in Ventura

 

Bartlett & Herrington, P.C. is devoted to providing exceptional estate planning services to families and individuals in Ventura, California.


SCHEDULE A STRATEGY SESSION
 

Our Estate Attorneys Will Protect What Matters Most To You in Ventura


Bartlett & Herrington, P.C. is devoted to providing exceptional estate planning services to families and individuals in Ventura, California.


SCHEDULE A COMPLIMENTARY STRATEGY SESSION

Contact Us Today

Call (805) 576-7693 to speak with our experienced Trusts & Estates attorneys.

VENTURA TRUSTS & ESTATES ATTORNEYS

Families and individuals in Ventura need estate planning services in order to put their affairs in order. We focus on delivering highly customized estate plans to accomplish your unique goals. Through counseling, we create estate plans designed to protect your family in Ventura, reduce conflict, avoid the delays and expense of probate, and provide highly personalized services. We strive to exceed our clients’ expectations and build ongoing relationships with multiple generations.

The foundation of our practice is delivering outstanding service that our Ventura clients expect and deserve. Our techniques include everything from simple wills and living trusts to sophisticated tax, asset protection and business succession strategies. We are a results-oriented firm, committed to being recognized as leaders by our clients, other legal professionals and the Ventura community in which we live and work.

We invite you to contact us today to begin planning for your family.


MEET OUR ATTORNEYS
Wealth Counsel

Academy of VA Pension Planners

Elder Counsel

TESTIMONIALS

“I have worked with numerous attorneys over a 10 year period in my personal and business dealings, and after hiring Neal I am confident that he will be the only attorney I will work with on any future matters. On a scale of 1 to 10, he is a 10.”

-T.C.

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Bartlett & Herrington, P.C.


4299 Carpinteria Ave., Suite 101
Carpinteria, CA 93013

Phone: (805) 576-7693
Fax: (805) 576-7697

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SCHEDULE YOUR FREE ESTATE PLANNING SESSION


Bartlett & Herrington, P.C.

4299 Carpinteria Ave., Suite 101
Carpinteria, CA 93013

Phone: (805) 576-7693
Fax: (805) 576-7697

  • This field is for validation purposes and should be left unchanged.
No matter the size of your Ventura, California estate, you need to think about putting together a real estate plan to ensure that the right parties will be able to inherit your assets without issue. For example, if you are concerned about taxes, the estate plan that you work on could help to limit the amount that any beneficiaries will owe. It is all about putting together a decent plan that will have everything covered when the time comes for your loved ones to deal with your affairs after your passing.

Who Gets What?

If you do not prepare a will, some laws govern domicile that will determine who is going to inherit any of your assets. Your assets will include any non-financial properties that you may consider necessary, such as a vintage piece of jewelry your daughter loves, or a boat that you had been thinking of leaving to your nephew. Just be careful when you are planning out your assets, as a will may not govern assets for which of your beneficiary designations are subject to with the governing agreements.

How Will It Be Spent?

If you are going to be allocating your assets to cover certain expenses, you may have to put a trust in place that will include the provisions. For example, think about putting our college expense amounts or funds that will cover special needs for certain loved ones.

Minimize Your Income And Estate Taxes

If you suspect that beneficiaries are going to owe some income or property taxes on the amounts they will be inheriting, you could minimize them by using certain tax efficient strategies. For example, you may leave your taxable assets to your favorite charities listed in your beneficiaries, then leave you assets that are tax-free to other recipients. Examples of the tax-exempt assets will include after-tax savings, Roth retirement accounts or life insurance.

You could also think about gifting certain amounts to your beneficiaries while you are still alive. The gift will be non-taxable if it is under $13k for each of the recipients.

Offset Your Taxes With Insurance

You can offset any of the potential lost funds to estate and income taxes by using life insurance. If you feel as though your beneficiary will owe money in taxes, you can buy a life insurance plan for that amount and specifically name that recipient. The life insurance benefits end up getting paid to your beneficiary tax-free.

No matter what your needs are or the questions that you have, you could always benefit a great deal from working with a Ventura, CA estate planning team to help you every step of the way. Making sure of the coverage of all of your bases will help you to ensure that your loved ones will have no issues upon your death. There can be a lot of areas that you need to cover, so any family with concerns or questions will find that working with a professional will come with many advantages.