Rancho Cucamonga Estate Planning Lawyers
Preserving Your Legacy. Protecting Your Future. Call (909) 992-0188!
Estate planning is more than just creating a will. While it does involve the distribution of assets after your passing, it also concerns decisions that take place during your lifetime—decisions involving finances, taxes, medical care, and more. An estate plan helps protect your rights and safeguards your assets during and after your life.
The Rancho Cucamonga estate planning lawyers at Family Law Advocacy Group are proud to offer experienced legal services to our community. Whether you are seeking to establish a will, trust, or power of attorney, our team can help.
Contact us today for experienced legal help with creating a carefully crafted estate plan to ensure your legacy is upheld!
Do I Need a Lawyer to Help with My Estate Plan?
Many people do not think they need an estate planning lawyer because their estate is small. In reality, anyone can benefit from this service.
Main Reasons You Need an Estate Plan:
- Clear roadmap on how you would like your assets to be managed and distributed
- Directions if you were no longer able to make your own financial and health decisions
- Establish who will be in charge of managing and distributing your assets
People who fail to create a valid estate plan will be at the mercy of a probate court judge. This means their assets, possessions, and personal decisions rest in the hands of another. Without a valid estate plan, the judge will use intestate succession to determine how to distribute your assets and who to place in charge of management and distribution.
Different Aspects of an Estate Plan
A comprehensive estate plan consists of much more than just a will, although a will is a great place to start. An estate plan should take into account all decisions that need to be made before and after your passing while protecting your assets from unnecessary taxes and probate court.
Drafting a Will
A will is one of the most basic aspects of an estate plan. It is a legally binding document that designates what happens to your property and other assets after you die.
Establishing a Trust
A trust is an arrangement where a person or institution holds legal title to another person's property, called the beneficiary. A trust can pass immediately from one beneficiary to another, avoiding probate, which is one reason a trust is so advantageous.
Power of Attorney
A power of attorney is a person, appointed by you, to make financial decisions on your behalf if you should become incapacitated. If you do not designate a power of attorney, the court will appoint a guardian or conservator to represent you, someone you may not want to act on your behalf.
Medical Directives
In the event you become incapacitated, a power of attorney or healthcare proxity can make important medical decisions on your behalf, such as choosing to withdraw life support. Without a medical directive in place, these important decisions might be left up to the hospital, instead of being determined by family or a close friend.
How Can Your Firm Help?
With the help of a Rancho Cucamonga estate planning attorney, you can be confident knowing your assets are in order and your best interests safeguarded. We can assist you in numerous areas.
For example, we can help you:
- Gather and organize your possessions and estates
- Decide on how to distribute those assets appropriately
- Select a person to manage and distribute your assets
- Make important decisions about guardianship for your children
- Include all other necessary information in your estate plan
Whether you have an extremely complex estate or a simple one, our firm is here to provide the legal counsel you need.