Certified Specialist, Estate Planning, Trust, and Probate Law
Tracy J. Roberts is a Certified Specialist with the State Bar of California Board of Legal Specialization in Estate Planning, Trust and Probate Law.
I procrastinated for a long time before doing anything about any estate planning, a will or trust or other legal documents that would express my wishes, all because I was concerned about making a mistake. I did not feel I had enough information and did not want to spend a lot of money – just to do it wrong and have to start again. Powell & Roberts was the perfect solution for me! I asked dozens of questions and got easy to understand answers. The website and questionnaire were incredibly easy to navigate. The language was clear and the price extremely fair. I will finally have an Estate Plan that is right for me. THANK YOU.
Huntington Beach, CA
For years, I talked about getting my estate in order, but I dreaded the idea of paying a lawyer to drag me through long discussions about the law. Powell & Roberts pinpointed the issues that were relevant to me and made the decisions simple.
We were suspicious about whether we would get “real” legal advice since we weren’t sitting down in a law office. We heard we needed to transfer our real estate into our trust, and that really worried us. The Powell & Roberts lawyers explained why that’s so important and made us comfortable that day-to- day life wouldn’t change after we created our trust. We got great personal attention from their lawyers.
San Diego, CA
We were thrilled with Powell & Roberts because it was user-friendly and it cost a fraction of hiring a traditional law firm. Each issue was clearly explained in layman’s terms so that we could make decisions without a lot of headache. It gives us great peace of mind to have finally finished our estate plan, and we are thankful to Practical Plans for making this so simple. We highly recommend this to everyone!
Dan and Nana H.
Estate planning is generally meant to achieve three things:
- identify goals for who will take your assets after your death
- create a set of documents meant to carry out those objectives
- keep the court out of the process both after your death and during any period of incapacity that you suffer.
Wealth Transfer Planning
Wealth transfer planning incorporates estate tax planning into your estate planning. If you are single and the total value of your assets exceeds $5 million or married with more than $10 million in assets, then with proper wealth transfer planning, you can greatly reduce the impact of the 40% federal estate tax.
Trust & Estate Administration
No matter how good your estate plan is, there will be a need for legal advice when a person dies. If your primary estate planning document is a will, then the legal advice will focus on California’s probate procedure. If your primary estate planning document is a trust, then the legal advice will focus on the rights, duties, and obligations of your successor trustee.
Estate Planning For Pets
It is heartbreaking when a pet owner becomes incapacitated or dies and his or her pets are forced to go to a shelter where their fate is often grim. By planning for your pets in your estate plan, you can make sure that your four-legged family members are properly cared for after your incapacity or death. The plan can be as simple as specifically stating in your estate plan who is to care for your pets to providing a trust with income for the remainder of their lives.