Kristina Hess of KR Hess Law, P.C. discusses Estate Planning and the American Dream on the American Dream TV Show with Host Craig Sewing and San Diego’s number one realtor, Kyle Whissel. Kristina shares about the importance of protecting your assets, avoiding probate and providing for your loved ones.
Interesting points include:
- 70% of Americans don’t have a plan in place in the event something happens to them.
- The state of California has a default plan in place if you don’t. It’s called Probate and leaves your assets and children at risk.
- How often should you review your trust? Ask yourself if there have been any changes in your assets or family? If so, you probably need to update your plan.