The material wealth that you accumulate over the course of your lifetime is certainly something to be proud of, and you should undoubtedly take steps to protect that wealth; however, it is the people with whom you form close relationships in your life that likely matter the most. Fortunately, a well thought out estate plan can help protect both your estate assets and the people that matter to you. At the Northern California Center for Estate Planning & Elder Law, we are committed to helping you create an estate plan that protects both your material wealth and your loved ones.
Nevada City, California
You will find Nevada City, California 60 miles northeast of Sacramento nestled 2500 feet above sea level. Covering just over two square miles, Nevada City serves as the county seat of Nevada County and was home to 3,068 residents as of the 2010 Census.
The area we now know as Nevada City was originally home to the indigenous Nisenan people. Like many nearby towns, Nevada (as it was originally known) was settled in the middle of the 19th century during the California Gold Rush. At one time, Nevada was the most important mining town in the State of California. In 1856, Nevada was incorporated with the addition of “City” added a few years later in 1864 to alleviate confusion with the adjacent state of Nevada.
Touted as California’s “best preserved gold rush town,” Nevada City sits in a basin on the Western Slope of the Sierra Nevada where it is framed and protected by ridgetops and promontories. Deer Creek flows through the center of the once bustling mining town. In more recent years, the city created its own historical district which has attracted visitors to the city and garnered a designation on the National Register of Historic Places. Residents and visitors to Nevada City will appreciate the tranquility of the surroundings and the historical relevance while also enjoying the 21st century culture, dining, and entertainment the city has to offer.
Northern California Center for Estate Planning & Elder Law and the Nevada City, California Community
Creating a comprehensive and cohesive estate plan today means you can rest assured that everything and everyone that matters to you will be protected for many years to come. The staff at the Northern California Center for Estate Planning & Elder Law has dedicated their practice to helping people just like you with their estate planning needs. We would be honored to sit down with you and help you get started on your estate plan.
The need to review and revise your estate plan in the future is one reason that we urge you to develop an ongoing relationship with your estate planning attorney now. Establishing a solid foundation for your estate plan allows you to easily make changes to that plan in the years to come. Initially, a simple Last Will and Testament may suffice to ensure that you don’t leave behind an intestate estate in the event of your sudden death. As both your family and your estate grow, however, your estate plan will need to be updated to take those changes into account. A spouse and/or children will prompt you to consider adding incapacity planning to your estate plan as well as to make beneficiary and fiduciary changes to your plan. You may also decide to create a trust to protect the inheritance you plan to leave your minor children. As your estate assets increase in value, asset protection and retirement planning may need to be included in your estate plan. You should also consider the likelihood that you will need to pay for nursing home care at some point in the future which often triggers the need to include Medi-Cal long term care planning in your estate plan. Finally, if you have strong feelings or beliefs about either end of life medical treatment or the disposition of your body after you are gone, there are estate planning tools and strategies that can be used to ensure your wishes on either, or both, subject are honored.
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.