Recent statistics indicate that Californians, and indeed Americans in general are not planning their estates. Of course, we have to consider the mass layoffs, the Wall Street scandal that has cost Americans billions, and the slowing of consumer activity.

While these are certainly understandable reasons why estate planning may not seem important, it actually makes it more important than ever.

Protect your assets: even if you have a fraction of what you had five years ago, you need to discuss with a California estate planning lawyer what you can do to protect what you still have.

Save yourself from creditor harassment: if you have assets in a trust or other sheltering vehicle, you can foreclose on a home and not worry about losing what is protected within your estate in offshore and most domestic trusts—but you won’t know if you qualify for this if you don’t discuss it with your Newport Beach asset protection attorney.

According to the most recent statistics concerning wealth management and estate planning, including power of attorney, trusts, and will preparation, 13 percent less Americans are estate planning in 2010 than were in 2007. According to the poll which was conducted by Lawyers.com, just over 70 percent of those asked noted that saving money was more important than estate planning. So where’s the problem? If you’re not protecting what you are earning you it is vulnerable and can easily become the prey of predatory lenders and creditors!

Protect what is yours and discuss the best ways to do it for your unique financial situation. Contact a California estate planning lawyer today—have your questions answered and stop putting off the planning of your estate!