Union Members Estate Planning Program

Overview

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Preparing your family’s financial future can be an intimidating process. Although it may be possible to do it alone by obtaining the necessary legal documents, there are so many intricacies that are easy to miss, which can cost your family greatly in the long run.

The Wagner Law Group has developed the Union Members Estate Planning Program (“UMEP Program”).  The Program provides a set of estate planning documents designed especially for members of public safety labor unions, including police associations, firefighter locals, deputy sheriffs associations, etc.  Our documents focus on the particular needs and financial profile of a public safety employee, although we will be tailor them to each individual client. 

Common factors of the financial profile of a public safety officer, addressed by the UMEP documents:

  • Home ownership. Most public safety officers in California own a home that puts them in a financial category where avoiding probate on death could save the family thousands of dollars. Probate is a time-consuming, costly and public court proceeding that is required to pass property from a decedent to his or her heirs or desired beneficiaries; probate can be avoided through the use of a living trust and other estate planning vehicles.
  • Pension plans. Unlike most workers in the private sector, most public safety workers have a pension plan, and perhaps a significant balance in a 457 Plan.  Our documents account for this financial profile by creating beneficiary designations integrated into a thorough estate plan structured around a living trust. We are very familiar with the operation of defined benefit pension plans, and can coordinate with them.
  • High-risk occupation. Unfortunately, first responders are more subject to a sudden debilitating injury or death than the average person, and we have health directives and durable power of attorney forms for such an occurrence. In the tragic situation of a line-of-duty death, there will likely be significant death benefits from the federal and/or local governments to your family, possibly up to $500,000.  You may wish to make sure those monies go directly into trust funds for your children.

The UMEP package includes the following:

  • Living Trust
  • Will
  • Advance Health Care Directive
  • Durable Power of Attorney (if desired)
  • Trust Certification
  • Preparation of and/or directions regarding all documents required to transfer assets to the Living Trust, including recording deeds to real estate.

The Wagner Law Group works with an affiliated law firm in Los Angeles, the Aaronson Law Corporation, www.aaronsonlawcorp.com, which has provided estate planning services for over 40 years, to coordinate and provide the legal services.  Contact Arthur Aaronson at Aaaronson@UMEP.law or call 844-522-2211. Please let him know you are calling as part of the UMEP program.

We offer special pricing for public safety officers. Our standard price for the estate plan document package (and related advice) described above is $3,000. In appreciation for your service to the community, there will be a 5% discount, to $2,850, for any public safety employee or retiree. Alternatively, if your employee association or IAFF Local endorses our program, there will be a 10% discount, so the price will be $2,700. These prices are good for any estate planning file opened by April 1, 2022.

For more information, please contact Shana Saichek; SSaichek@wagnerlawgroup.com; Phone: 619-232-8702

Affiliated Firm: Aaronson Law Corp Contact: Arthur Aaronson - AAaronson@UMEP.law Phone: 844-522-2211 Los Angeles area offices in Encino and Cerritos