It is called, dying “intestate.” Laws of California will decide the division of your assets and who raises your minor children. Best solution is to have a Living Trust & Will combination.

A Living Trust helps avoids probate, which is an expensive and time-consuming court process where the laws of California decide the division of your property.

An Estate Plan consists of a complete document set such as Living Trust, Will and Powers of Attorney so every aspect of your personal and financial affairs, before death and after, are properly accounted for and planned out in advance. Helps create “Peace of Mind.”

It is an often-unnecessary expensive and time-consuming court process where California law decides the division of your property. A Living Trust helps avoid the probate process, so your heirs receive your property without government involvement.

In a “Will,” you state who gets your property and who manages the process of distributing your property after death, but a court process known as “Probate” is often necessary which is expensive and time-consuming. If you have children, in your “Will” you name a “Guardian” to raise them. A “Living Trust” is similar to a “Will” in that you state who gets your property and who manages the process, but it helps avoid the Probate process. Best solution is to have a combination “Living Trust” to avoid probate and a “Will” to name a Guardian for children.

These terms are interchangeable. If you become incapacitated or at your end of life and cannot communicate your healthcare wishes, such as if you want “Life Support” or not, these documents contain your wishes and appoints someone to make those decisions for you.

Yes. Everyone should have a Durable Power of Attorney for Financial Management. If you are in a car accident, have a heart attack or experience memory loss, and do not have the capacity to make decisions, you are going to need a trusted person or “Agent” to help you. “Durable” allows the powers to remain while you are incapacitated.