A considerable amount of thought and planning will undoubtedly go into the creation of your comprehensive estate plan. Consequently, you should put the same amount of thought into choosing an estate planning attorney to help you create your plan. The staff at the Northern California Center for Estate Planning & Elder Law, we look forward to the opportunity to sit down with our friends and neighbors in the Nevada County, California community and discuss how we can help you get started with your estate plan.
Nevada County, California
Located in the northeastern part of the state, Nevada County can be found in the Sierra Nevada of California. The county’s population was 98,764 as of the 2010 Census and the county seat is Nevada City.
Nevada County was created in 1851 from portions of Yuba County and was named after the mining town of Nevada City. “Nevada” is a Spanish word meaning “snowy” or “snow-covered” and interestingly, Nevada City was the first to use the word. The State of Nevada, which borders Nevada County, wasn’t named until a decade later in 1861.
The area of California where Nevada County is located grew rapidly during the Gold Rush of 1849. Amazingly, there are a number of historic sites still in existence from this time period, including the Nevada Theatre in Nevada City which was built in 1865 in still operates today as does the Old 5 Mile House stagecoach stop built in 1890. In addition, the Nevada County Narrow Gauge Railroad, built in 1876, has the distinction of being the only railroad in the West that was never robbed despite the fact that its primary freight was gold. That may have been because builder-owner John Flint Kidder’s reputation made it clear that he would personally hunt down and kill anyone who tried. Another interesting Nevada County is also known for the community of Rough and Ready which actually declared its secession from the Union in 1950, largely to avoid mining taxes. The “Great Republic of Rough and Ready” only lasted for about three months before they voted to rejoin the Union.
Northern California Center for Estate Planning & Elder Law in the Nevada County, California Community
The staff at Northern California Center for Estate Planning & Elder Law is dedicated to meeting the estate planning needs of our friends and neighbors throughout the area. Because we understand the benefit of creating lifelong relationships with our estate planning clients, we believe in working one on one with each client in an effort to build that lasting partnership. As your life evolves, we are committed to ensuring that your estate plan evolves along with it.
A successful estate plan requires a solid foundation; however, it also requires nurturing. Consequently, your estate plan is not something you create and forget about once it is in place. Instead, your estate plan is something that will need to be reviewed and updated throughout the course of your life as your estate and your family grows. Initially, your focus may be on nothing more than ensuring you do not leave behind an intestate estate should something happen to you. As such, a Last Will and Testament may be all you need in the beginning. Deciding to marry and/or become a parent, however, will change that as you now have a family to protect and provide for in your plan. At that point, you may decide to create a trust to protect your minor child’s inheritance, for example, as well as incorporate incapacity planning into your overall plan. As you move into middle age, you should begin merging your retirement plans with your estate plan to ensure that the two plans work in harmony with each other. Long before you reach retirement age, however, you should also consider adding Medicaid planning to your estate plan to ensure that you can afford the high cost of long-term care. Funeral planning along with advance directives should also be included in your overall estate plan if you want your wishes to be honored with regard to end of life medical treatment.
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.