When you think about all the things you do to protect and provide for your loved ones, it becomes evident that having a proper estate plan in place should be one of those things. Choosing the right attorney to help you create that plan should also be given the appropriate consideration. We have seen time and time again the value of having a comprehensive estate plan in place and we are committed to helping our friends and neighbors in South Lake Tahoe, California create an estate plan that fulfills their needs and accomplishes their goals.
South Lake Tahoe, California
Located on the southern shores of Lake Tahoe along the Nevada border, the city of South Lake Tahoe is home to about 21,000 year-around residents. During the tourist season, however, the population of South Lake Tahoe can swell to several times its normal size.
The area around Lake Tahoe remained relatively uninhabited until the 1940s when Harvey’s Wagon Wheel Saloon and Gambling Hall opened across the border in Nevada. Harvey’s success led to more casinos opening which, in turn, spurred the need for more permanent accommodations in the area which led to development on both sides of the California-Nevada border. Not long thereafter, in 1960, the Winter Olympics came to Squaw Valley, leading to Lake Tahoe being recognized as the skiing center of the western United States. In 1965 the communities of Al Tahoe, Bijou, Bijou Park, Stateline, Tahoe Valley, and Tallac Village were combined and incorporated and the City of South Lake Tahoe was officially born.
The climate around Lake Tahoe offers outdoor lovers some amazing opportunities. Warm, relatively dry, summers make Lake Tahoe the perfect place for boaters and other water sports enthusiasts. Winter brings cold temperatures and plenty of snow for those who enjoy skiing and other cold-weather activities. Of course, the now ubiquitous casinos just across the border in Nevada offer residents and visitors gambling opportunities year-around. Finally, because South Lake Tahoe draws so many tourists, residents can also enjoy the numerous and varied dining, shopping, and entertainment options that cater to those tourists.
Northern California Center for Estate Planning & Elder and the South Lake Tahoe, California Community
The staff at the Northern California Center for Estate Planning & Elder Law is proud to be part of the South Lake Tahoe community to serve the estate planning needs of the residents of that community. We know you have an important choice to make when selecting an estate planning attorney and we would be honored to be that choice.
Even if you have yet to create your first estate plan, you are likely aware of the importance of having an estate plan in place. Creating an initial estate plan, however, is only the first step toward ensuring that you, your loved ones, and your assets are protected. You must also update that plan several times of the course of your lifetime. Initially, a Last Will and Testament may be the sum total of your estate plan because your only goal is to ensure that you do not leave behind an intestate estate in the event of your death. It won’t be long before the addition of a spouse and/or child may necessitate changes to your estate plan. Along with updating your beneficiary designations, you may want to update fiduciary roles within the plan as well as add an incapacity planning component. You may decide to create a trust to safeguard your minor child’s inheritance as well. As you build up your estate assets, additional changes to your estate plan may be needed, such as the addition of asset protection and tax avoidance strategies. Looking forward to your “Golden Years” should prompt you to consider Medi-Cal planning and other elder law issues as they apply to your estate plan. Finally, you may wish to add a funeral and burial planning component to your comprehensive estate plan as well as execute an advance directive to ensure that your wishes are honored at the end of your life and after you are gone.
At the 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 the Northern California Center for Estate Planning & Elder Law by calling (916)-437-3500 to schedule your appointment today.