When it comes to estate planning in California, one size does not fit all. To start, the estate plan must take into account the specific values of the clients creating the estate plan and the maturity of those benefitting from it. For the plan to truly work, the estate planning attorneys must also take into account the maturity and life experiences of the beneficiaries. Where an outright gift to a disciplined, hard-working, independent child may make sense, the same outright gift to a debt-burdened, motivationally-challenged child could spell disaster. While different solutions will work better for different individuals and families, many of the issues are similar:.
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