Over the course of your lifetime you will likely work hard, save conscientiously, and invest wisely in the hope that you will amass sufficient assets to see you comfortably through your retirement years. Hopefully, there will be a sizeable estate left to pass down to loved ones as well. To protect those assets while you are alive and plan for their distribution after you are gone, you need a well thought out estate plan. At the Northern California Center for Estate Planning & Elder Law, we are committed to helping you create a estate plan that accomplishes all of those goals and many more.
Covering just 3.6 square miles, Marysville, California serves as the county seat of Yuba County. As of the 2010 Census, the population of Marysville was 12,072; however, the city is also included in the Yuba City Metropolitan Statistical Area, which in turn is part of the Greater Sacramento area which has a population of around 2.5 million people.
The earliest known European settlor in the area that would eventually become Marysville was Theodore Cordua, a native of Mecklenburg in Prussia, who raised livestock on the land in the mid-1800s. Cordua built a home and trading post on the land in what he named “New Mecklenburg” in 1843. Over the next few years, the land changed hands several times and served as a stopping point for the riverboats that brought prospectors from Sacramento and San Francisco during the Gold Rush. To this day, visitors entering Marysville will see a sign that reads “Gateway to The Gold Fields.”
In 1850, settlors in the town decided to form a new government and elected a town council. The same night, the townsfolk decided to name the new town Marysville after Charles Covillaud’s wife, Mary Murphy Covillaud, and one of the surviving members of the Donner Party. Marysville was incorporated shortly thereafter and the first mayor was elected in 1851. Less than ten years later, the population of Marysville had grown to almost 10,000 residents, making Marysville one of the largest cities in California. The city’s founders imagined Marysville becoming “The New York of the Pacific.” Unfortunately, the raised riverbeds of both the Feather and the Yuba Rivers left the city vulnerable to flooding during winter storms and spring run-offs. Although the city built a levee system, that sealed the city off and has made additional growth virtually impossible. Consequently, Marysville is known as “California’s Oldest ‘Little’ City.”
Visitors to Marysville may want to tour some of the many buildings and sites listed on the National Register, including the Bok Kai Temple, the Decker-Jewett Bank, and Forbes House, as well as the Packard Library, the Jose Manuel Ramirez House, and the Marysville Historic Commercial District.
Northern California Center for Estate Planning & Elder Law and the Marysville, California Community
At the Northern California Center for Estate Planning & Elder Law, we have dedicated our practice to the issues we feel matter most to our friends and neighbors – protecting yourself, your assets, and your loved ones through the creation of a comprehensive estate plan. Working with the right estate planning attorney is crucial to the creation of that plan. Knowing how difficult it can be to discuss highly personal financial and family matters with a virtual stranger though is one of the many reasons why we strive to create lifelong relationships with our Marysville,California estate planning clients.
For your estate plan to be successful it needs to be an ongoing venture that is continuously reviewed and updated to reflect changes that occur in your life. Your initial estate planning needs may be as simplistic as ensuring that you don’t leave behind an intestate estate should something happen to you. For that, a basic Last Will and Testament is sufficient. It won’t be long, however, before you outgrow that simple plan. Marriage and/or the birth of a child will cause you to expand your estate planning needs and goals. Protecting your spouse and/or child will likely dictate changes to your plan, such as the addition of a trust to protect your minor child’s inheritance. Incapacity planning will also need to become part of your overall plan. The growth of your estate itself may also require you to incorporate asset protection and tax avoidance tools and strategies into your plan. Additional goals such as probate avoidance may also become important to you. Middle age should have you contemplating your retirement years and the high cost of long-term care. That, in turn, may dictate the need to add Medi-Cal (California’s Medicaid program) planning to your estate plan to ensure that you can afford the cost of that care. If you have strong beliefs regarding end of life medical treatment and/or the disposition of your body after your death, you will also want to ensure that those beliefs are honored by including funeral planning and the appropriate advance directives in your comprehensive estate plan.
At Northern California Center for Estate Planning & Elder Law our goal is to establish a lifelong relationship with you to ensure that your estate planning needs are met now, and in the years to come.
If you have specific questions regarding your estate plan, contact us at Northern California Center for Estate Planning & Elder Law by calling (916)-437-3500 to schedule your appointment today.