Walnut Creek, CA|Local Classified|Announcement|
Walnut Creek Neighbors: Estate Plan Misses: How to Make Cash Available Immediately After Death
Walnut Creek neighbors and small business owners, tune in as we share some valuable insights and information on how to make cash available immediately after death.
In this episode of Absolute Trust Talk, managing attorney Kirsten Howe tackles one of the most overlooked practical challenges in estate planning: making sure your loved ones have access to cash immediately after you die. Kirsten walks through why the most common account structures — trust-held accounts, individually owned accounts, and pay-on-death designations — all come with delays that can leave families unable to cover urgent expenses, such as funeral and burial costs. She then breaks down the one strategy that actually works, adding a trusted co-owner to a small joint checking account, and explains the legal implications of joint tenancy and right of survivorship that every family needs to understand before going this route. Kirsten also explains why keeping the account balance modest matters and why leaving a written statement of intent is essential when there is more than one beneficiary.
[AD] Estate planning addresses many vital factors about your future and legacy. Where do you get started if you don’t have an estate plan? If you do, how have new laws and life transitions changed? Will your plan still protect you? Regardless, you deserve control over your wants, needs, goals, and hopes for the future. We can help you understand your options and, legally, how you will best be protected at all touchpoints. Get started today by scheduling a free discovery call so we can discuss your needs. Visit https://absolutetrustcounsel.com/scheduling/ or call us at (925) 943-2740.
