ESTATE PLANNING


Wills, Trusts & Probate — Serving San Francisco, Sacramento & All of California

California Estate Planning Attorneys — Wills, Trusts & Probate

Your estate plan should be as unique as you are. We specialize in creating comprehensive estate plans that address the complexities of your life. We focus on protecting your beneficiaries, managing real estate holdings, and safeguarding business assets. Our goal is to give you peace of mind knowing your wishes will be honored.


Customized Estate Planning


Our flexible estate planning packages easily adapt to meet your complex needs. The cost of our services typically scales with the number of beneficiaries, the variety and number of real estate assets, and the complexity of any business assets involved.


Estate Planning Consultation


We begin with a detailed consultation to understand your concerns and goals for your estate. This initial meeting helps us craft an estate plan that perfectly aligns with your objectives and provides the security and peace of mind you deserve.

Included in Our Estate Planning Services:


  • Living Trust: To manage your assets effectively and avoid probate.
  • Pour-Over Will: Ensures all assets are included in your living trust.
  • Durable Power of Attorney: Appoint someone to handle your affairs if you're unable to do so.
  • Advanced Health Care Directive: Outlines your wishes for medical care.
  • Property Assignment: Properly assigns your assets to your trust.
  • Custom Legal Documentation: Tailored to your unique needs and circumstances.


Trust Amendments:


We're here to support you as your life changes and your estate plan needs adjustments. We assist with trust amendments, ensuring your estate plan remains aligned with your current circumstances and wishes.


Why Choose Corcoran Smith Law for Estate Planning?


  • Personalized Service: We focus on understanding and addressing your specific estate planning needs.
  • Flexibility: Our services adapt to the complexity of your estate, providing a tailored solution.
  • Deep Legal Expertise: With our legal expertise, we ensure that your estate plan is thorough, compliant, and effective.


Frequently Asked Questions About Estate Planning in California


Q: Do I need a living trust in California?

A: While not legally required, a revocable living trust is one of the most effective tools for California families. Without a trust, your estate may go through California's probate process, which can take 12 to 18 months and cost thousands in court fees. A living trust allows your assets to transfer directly to your beneficiaries, avoiding probate entirely. At Corcoran Smith Law, we design trusts tailored to your family's unique circumstances, real estate holdings, and long-term goals.


Q: What is the difference between a will and a trust in California?

A: A will is a legal document that directs how your assets are distributed after death, but it must go through probate. A trust, on the other hand, holds your assets during your lifetime and transfers them upon death without probate. In California, where real estate values are often high, trusts can save families significant time and money. Many of our clients use both documents together for comprehensive protection.


Q: How much does estate planning cost in California?

A: The cost of estate planning depends on the complexity of your estate. A basic will or trust package may be more affordable than you expect, especially when you consider the potential cost of probate, which in California can exceed tens of thousands of dollars. Corcoran Smith Law offers flexible fee arrangements and transparent pricing. Call(415) 275-1492 for a free consultation to discuss your needs and receive a clear estimate.


Q: When should I update my estate plan?

A: You should review and update your estate plan after any major life event, including marriage, divorce, the birth of a child, a significant change in assets, or the death of a beneficiary or trustee. California law may also change in ways that affect your plan. We recommend reviewing your estate plan at least every three to five years to ensure it still reflects your wishes and complies with current law.


Q: What happens if I die without an estate plan in California?

A: If you pass away without a will or trust in California, your assets will be distributed according to California's intestacy laws. This means a court will decide who receives your property, which may not align with your wishes. The probate process for intestate estates is often lengthy and expensive. Creating an estate plan ensures your loved ones are protected and your legacy is preserved.


Q: Can Corcoran Smith Law help with estate planning for blended families?

A: Yes. Blended families face unique estate planning challenges, including ensuring that both biological and stepchildren are provided for, protecting a surviving spouse's interests, and preventing disputes between family members. We work closely with blended families across California to create customized estate plans that address these complexities using trusts, beneficiary designations, and other legal tools.

Corcoran Smith Law 5-step estate planning journey — your roadmap to a secure legacy

estate planning FAQs

  • What Are the Pros of Estate Planning?

    1. Family Protection: Safeguards family from stress and uncertainty after your death or incapacity.
    2. Asset Control: Ensures your assets are distributed according to your wishes, not default state or court rules.
    3. Probate Avoidance: Reduces expenses and delays associated with probate.
    4. Tax Benefits: Can result in tax savings, preserving more of your estate for beneficiaries.
    5. Privacy: Keeps details of your estate private.
    6. Legacy Creation: Helps you establish a lasting legacy.
    7. Asset Protection: Shields assets from creditors or legal disputes.
    8. Care for Dependents: Provides for minors, pets, or other dependents.
    9. Incapacity Planning: Names someone to manage your affairs if incapacitated.
    10. End-of-Life Decisions: Specifies wishes for medical care and funeral arrangements.

  • What Are the Cons of Estate Planning?

    1. Time and Cost: Involves time and money to create and maintain.
    2. Professional Assistance: May require hiring experts, adding to costs.
    3. Emotional Stress: Confronting mortality can be emotionally challenging.
    4. Communication Issues: Discussing plans with family can be sensitive.
    5. Legal Compliance: Requires adherence to various laws and regulations.

  • Why Choose Corcoran Smith Law for Estate Planning?

    At Corcoran Smith Law, we believe estate planning is more than just a legal process. It’s a deeply personal journey that shapes the legacy you leave behind. We help you transfer your financial assets and personal belongings, but more importantly, we help you craft a legacy that reflects your values and the love you have for your family.

  • What Makes Corcoran Smith Law’s Personal Service Stand Out?

    We take pride in offering unwavering personal service. We understand that every client is unique, with distinct needs and goals. That’s why we reject a one-size-fits-all approach. We take the time to get to know you, understand your objectives, and tailor our services to meet your specific needs. Our commitment to personal service means that we’re not just your legal advisors; we’re your steadfast allies in planning your estate, guiding you every step of the way with the personalized attention you deserve.

  • Does Corcoran Smith Law Offer Flexible Solutions for State Planning?

    Yes, we understand that estate planning is not a one-size-fits-all process. Our team of dedicated estate planning attorneys is committed to providing personalized and flexible solutions that cater to the unique needs and goals of each client. We recognize that life is dynamic and that circumstances can change unexpectedly. That’s why we emphasize adaptability in our approach, ensuring that your estate plan can evolve with you.

  • How Does Corcoran Smith Law Prioritize Client Satisfaction?

    At Corcoran Smith Law, client satisfaction is our top priority. We believe that client satisfaction is not just about achieving the desired legal outcomes but also about making the legal process as smooth and stress-free as possible for our clients. We ensure this by maintaining open and transparent communication, keeping our clients informed at every stage, and being responsive to their questions and concerns. Our commitment to client satisfaction is unwavering, and we are always ready to go the extra mile to ensure our clients are happy with our services.