WILLS AND TRUSTS
If you want to determine who gets your property after your death or exclude a decedent or spouse you probably need to do a Will with a Simi Valley attorney. The will takes effect after your death. It needs to be probated to be enforced. Probate of an estate often causes delays in the distribution of property and may be expensive.
Currently Living Trusts are used to avoid some of the problems associated with just a Will or Testamentary Trust. By the creation of a Living Trust, you create a separate entity that owns certain property. Typically you will put all your property into a Living Trust (you may want to exclude your retirement accounts).
You control the Living Trust while you are alive and name a successor Trustee to manage the trust and distribute it to your beneficiaries after your death. By creating a Living Trust you may be able to avoid the expense and delays of probate. You can also maintain trust provisions that distribute monies for the care and education of children and provide income or distributions to individuals even beyond the age of eighteen. For example you may provide for the education of your children but rather than distributing the balance of the estate to them as they become eighteen, you might provide that they get three lump sums at different ages. You tailor the trust according to your wishes.
The Simi Valley Law Offices of L. Rob Werner are dedicated to representing clients who wish to create a Will or Living Trust. In a free telephone consultation, we will explain the legal process in creating these legal documents. We are Will and Living Trust attorney's serving clients throughout California.
If you are the listed beneficiary/executor of a will or are an heir to an estate without a will, we may be able to help you. On cases we accept, only costs are advanced by you. The fees are determined by the court and are paid at the conclusion of the case.
The Simi Valley Law Offices of L. Rob Werner are dedicated to representing clients who need help with probate. In a free telephone consultation, we will explain the legal process concerning Probate in California.