What is EPIC?

                                                                        EPIC is an acronym for 'Estate Planning Is Complimentary.'

All real estate agents have qualifications and experiences that they bring to the real estate profession. Some are licensed contractors, while others are interior designers, CPA's, MBA's, etc.  My education and experience revolve almost completely around real estate: I'm licensed by the Bureau of Real Estate, the Bureau of Real Estate Appraisers, and the California Bar. I've learned that real estate ownership has a very close relationship with the legal practice of estate planning. For most homeowners, their home is their most valuable asset.  In fact, along with the birth of a child, home ownership is a top reason many people consider estate planning. Realizing I could provide a valuable (and probably exclusive) benefit to my real estate clients, I decided I wanted to find a way to share my knowledge of estate planning.

The first step was figuring out how not to cross - or even approach - the line separating real estate brokerage from the practice of law. Each licensing agency has its own set of rules that regulate the ethical and general conduct of their licensees. A common, critical rule is not to do anything you're not licensed to do. For example, attorneys are not allowed to door knock (thankfully!) and real estate licensees are not allowed to practice law; they cannot advise you on how you should hold title to your home nor can they fix your mistake if you choose unwisely.

A second critical rule is to never mislead a client. Every client must know who is representing them and how and to what extent they are being represented. From our very first communication through the close of your escrow, I will be assisting you only as a real estate salesperson where my conduct is regulated and enforced by rules and standards set by the California Business and Professions Code, the Real Estate Commissioner, and others. I will not be providing any type of legal or professional appraisal advice to you during the sale process nor at any time I'm assisting you as an associate of Star Real Estate.

Once your escrow closes however, the restrictions drop away and I'm allowed to practice law. Like many attorneys, I have my own legal practice. The main focus of my office is on providing free estate planning services to my past real estate clients. Following the close of your escrow, we will work together to design and implement an estate plan that will likely consist of a revocable trust, a pour-over will and powers of attorney for both financial and health care matters. Rarely, but on occasion, I am unable to help a client due to a professional conflict or a client's need for advanced estate planning.

M
any homeowners know they should have some type of incapacity/succession plan in place but never get around to taking the next step. I believe the period following escrow is a perfect time to finally get it done: you've been focused on an important investment and you likely have many of your financial documents handy.

At the end of the day, all homeowners should have an estate plan. With
 EPIC, it's free.