Creating an estate plan means more than drafting your will or living trust. Depending on your unique circumstances, there are a number of different legal documents to include your estate plan.
A will, also known as a last will and testament, is a legal document that gives detailed instructions about how the testator's assets and property should be distributed to their beneficiaries or disposed of upon their death.
A trust can be described as a fiduciary relationship that allows you (the trustor or guarantor) to name a third party (successor trustee) who will help settle your final affairs and distribute assets put in the trust to designated inheritors upon your death.
Powers of Attorney
A power of attorney is a legal document that allows you to appoint a person (the agent or attorney-in-fact) to manage your financial, property, tax, or legal affairs should you become unavailable or unable to handle those matters yourself.
An advanced directive is a legal document that provides specific instructions regarding a person's preferred long-term care or medical care when the need calls for it. You may need an advanced healthcare directive due to aging, sudden incapacitation, disability, or critical illness.
Special Needs Planning
Special needs planning is a fiduciary relationship that allows a person to name a person who will help in managing funds, assets, and property left behind for minor children, or vulnerable adults who are unable to make crucial decisions on their own.
Work with a
Getting your affairs in order can never happen too early. In the event that you become unavailable or unable to voice your opinion, your surviving loved ones can achieve peace of mind and benefit from knowing your true wishes. A knowledgeable California estate planning attorney can help protect your family's future, assets, and best interests by directing you toward the ideal estate plan that fits your unique needs.
At The Elder & Disability Law Firm, APC, our attorneys are dedicated to offering comprehensive legal guidance and advocacy to clients in the legal matters of estate planning. As your legal counsel, we can explore all of your possible legal options and help you determine the right estate plan that best suits your personal situation. A skilled attorney can offer you the assistance you need to draw up your will, living trust, special care needs, advanced healthcare directive, or establish a power of attorney.