Benefits To Estate Planning
Asset Protection Attorney

Many of my clients come to me and want to know why they need to create an estate plan. The short answer is that there are many benefits that are only available to those who actually create a comprehensive plan to protect their families. I wanted to take a few moments to discuss some of these advantages so that you can understand how estate planning can help not only with asset protection, but also with other extremely important concerns.

Probate is time-consuming and can be expensive in some situations. If you fail to create an estate plan, your family will have to wait before being able to access these items. This delay can cause severe hardship for your loved ones and make it difficult for them to make ends meet after you pass away. An estate plan will allow you to ensure that this does not happen at an already challenging time.

If you die without a will, trust or other estate planning documents, your property will be passed along according to California’s intestate property laws. These laws list certain family members who are entitled to receive these items. Close friends are not included in these laws, so if you have items that you want to go to specific people, you need to speak to an experienced attorney to create a plan that carries out your wishes.

Incapacitation can happen to any of us, at any time. If you are in a serious auto accident or suffer a significant illness, you might be unable to express the amount of life-sustaining care that you should receive. Your family will be forced to make a very difficult decision which may go against your wishes. An estate plan allows you to specify the amount of treatment you are to receive in these situations.

If you have children, estate planning is an absolute must. If you and your spouse or co-parent both pass away unexpectedly, an estate plan will allow you to name the guardian that you would wish to care for the children. Without having this in place, it can become a much more complicated situation for everyone involved. This will ensure that your children will be able to have a stable future after such a tragic event.

My goal is to help you find solutions that protect your legacy. To schedule a consultation with an estate planning lawyer with 25 years of experience, please call my Anaheim office at 714-639-1990 or send me an email. I will help you create the right plan for your specific needs.

When considering bankruptcy, it is important to take concrete steps to protect your assets, both before filing and during the bankruptcy process. It is important to obtain legal counsel from a qualified bankruptcy attorney to learn what debt relief options are available to you as well as how bankruptcy may impact your specific assets.

I am Christopher P. Walker, a bankruptcy and asset protection lawyer serving Anaheim, California, and the surrounding areas. With over 25 years of experience in bankruptcy law, I can readily assist you in protecting your assets and pursuing debt relief options. To learn more, contact me today for a free initial consultation.

Many people assume they will lose much or all of their property in bankruptcy. Fortunately, that is not the case. Federal and state law allows you to keep certain types of property — such as your home and personal belongings — up to a certain dollar limit. These protected properties are called “exemptions.”

Before even filing bankruptcy, you should meet with an attorney to determine how best to protect your assets. This is true whether you are pursuing Chapter 7, Chapter 13 or even Chapter 11 bankruptcy. Exemptions are particularly critical in Chapter 7, where a bankruptcy trustee will liquidate your nonexempt assets. Failure to properly navigate the process can result in losing more property than necessary.

In any type of bankruptcy, exemptions are key to protecting your assets.

The act of filing bankruptcy in itself can protect your assets. As soon as you file, wage garnishment will stop immediately. If your car is in the process of being repossessed, or on the verge of repossession, that, too, will immediately halt.

For those facing home foreclosure, bankruptcy will delay the foreclosure process. This postponement will allow you valuable time to pursue options for saving your home, such as loan modification or a repayment plan.

Bankruptcy can be a powerful tool for protecting your assets.

It is critical to obtain the help of an experienced bankruptcy attorney. Call the Law Office of Christopher P. Walker, P.C., at 714-639-1990 for a free initial consultation. I offer evening appointments.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.