With offices in Glendora and Upland, Skvarna Law Firm provides legal services to residents throughout southern California. The firm focuses on three practice areas: helping families to protect assets, avoid probate, and properly plan to care for elderly and young family members.
Estate Planning
The staff at Skvarna Law Firm works closely with clients to develop thorough estate plans which provide enhanced peace of mind and financial security for heirs and loved ones. There is a pressing need for such services, as surveys show 51% of Americans aged 55 to 64 do not have a will, leaving their financial and family matters open to legal challenges and problems.
Estate Planning Services
- Incapacity planning helps clients manage disabilities and accidents. This includes creation of a Power of Attorney documents as well as health directives.
- Probate is often a long and overly complicated process wherein heirs are made to wade through a complicated legal process which could delay and reduce potential benefit payouts for months or even years. This can be especially difficult when loved ones are left trying to come up with money to cover a decedent’s outstanding bills and funeral costs. At Skvarna Law Firm, we advise clients about ways to legally avoid the complicated and burdensome probate court process.
- Planning for minor children’s assets including management of assets until children reach predetermined ages.
- Setting up strategies to reduce taxes, such as charitable planned giving, which provides individuals with a smart way to decrease tax burdens while supporting worthy causes.
Probate and Estate Administration
Managing the estate of a loved one requires a considerable amount of time and patience. The attorneys at Skvarna Law Firm advises clients on methods for navigating the estate administration process as executors, including the filing of paperwork, division of assets, and proper ways to interact with courts and other government agencies.
A trust contains instructions for execution upon death. Living trusts can prevent probate, which makes them a smart way to ensure a person’s wishes are followed to the letter. At Skvarna Law, we perform a myriad of trust-related duties including reviewing trust documents, explaining trustees’ responsibilities and analyzing tax implications.
Elder Law
At Skvarna Law Firm, we guide clients and their families to implement strategies to reduce tax implications, protect their homes, and structure low-tax gifts. These strategies work in concert. Clients retain Medicaid eligibility and protect sources of wealth.
Areas of Expertise
- Development of “MediCal Trusts,” where the maker retains his or her rights to the trust income for life. This allows elderly clients to retain assets. Medicaid eligibility protected as an important insurance protection for people as they age. Complicated rules and regulations around such a trust strategy warrant expert legal advice.
- Utilizing a smart gift strategy to qualify for Medicaid. This provides financial assistance to loved ones.
- Protecting the home through legal deeds will ensure Medicaid eligibility. The timing of such moves is critical. Elderly clients and caregivers should seek legal advice with advanced planning strategies.
Estate Planning for the Family
Protecting assets through estate planning is essential for any family. This is not just for people with substantial financial wealth or property. Managing an estate or trust is stressful. Proper planning streamlines the process to best match the deceased’s wishes. Trained estate attorneys create the right documents and legal strategies. These reduce tax burdens, eliminate the need for probate, and ensure the protection of loved ones’ inheritances.
About Skvarna Law Firm
Skvarna Law Firm operates offices in Glendora and Upland, California. We provide legal services for individuals living in San Bernardino, Los Angeles, Orange and Riverside Counties. This includes the cities of Upland, Ontario, Montclair, Rancho Cucamonga, Fontana, Colton, Rialto, Chino, Chino Hills, Glendora, Claremont, Pomona, La Verne, San Dimas, Azusa, Covina, West Covina, Diamond Bar, Walnut, La Puente, Corona, Norco & Mira Loma. Visit SkvarnaLaw.com to learn more.
