Accomplishing an orderly administration of assets after death is almost impossible to do without the assistance of an attorney. If not done properly, legal disputes are sure to arise. Hence, it is extremely important to seek an attorney’s advice if you intend to plan the orderly administration of your assets after death. In this regard, the Law Offices of Jual F. Reyes provides assistance with drafting living trusts, wills, powers of attorney, health care directives, and other documents related to transferring your estate to family and loved ones after death.
In the absence of the appropriate non-probate estate planning document, such as a living trust, your estate may be subject to probate in the state of California. Probate is the process through which a court determines how to distribute your property after you die. However, because the process is subject to the jurisdiction of complex court rules and lengthy timelines, the process can take several years, the process is expensive, and your estate becomes a matter of public record.
Furthermore, at some point in your lifetime, you may become incapacitated and unable to manage your financial affairs and/or make health related decisions. Often times, individuals fail to draft the appropriate legal documents making it difficult for family members and friends to gain access to bank accounts to pay bills and/or to make immediate and life-saving health related decisions during periods of incapacitation. Therefore, you should draft the appropriate power of attorney and/or health care directive allowing someone that you trust to take care of your financial and health related needs.
Based upon the aforementioned, avoid probate and/or complications during periods of incapacitation by drafting and executing the above referenced estate planning documents. Your first step is to contact the Law Offices of Jual F. Reyes for a free consultation at our toll-free number 877-242-4410. You may also visit our office at 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 or 100 N. Brand Blvd, Suite 532, Glendale, California 91203.