Trusts
Do you want to avoid or limit your contact with the probate court? Do you want your assets and the conditions of your estate plan to remain private? Do you want to avoid judicial custody proceedings in order to transfer asset management in the event you become unable to manage your own affairs? Do you own real estate in a state other than Victorville?
Suppose any of the following applied to you. In that case, you may want to explore a revocable trust, in which your properties are transferred into a trust that you manage during your lifetime, and a successor trustee carries out your desires without the need for judicial involvement if you become incapacitated or die. You can prepare a trust by doing so.
By preparing a trust, you retain complete control over your assets while also avoiding probate of your estate by simply having your trustee carry out your instructions, saving billions of dollars in probate charges.
It is not necessary to submit the revocable Trust to the court because it is a private instrument. This provides the benefit of privacy. In addition, your desires As opposed to a Will, your dispositions are not public records. This also decreases the likelihood of any angry heirs contesting your will.
Wills
Will enables you to keep your wishes alive and direct your assets according to your intentions. You can escape falling under Florida’s default statutory provisions if you have a will.
A will is an excellent method to ensure that your intentions are carried out and that you are not subject to the decisions of others.
Guardianship
It is critical that you look after your little child. Designate a guardianship for your minor child(ren) in the event that both parents die, or for yourself if you become incapable. When the time comes, you won’t have to rely on a judge (a stranger in the family photo) to make that decision. This is something we can help you with.
If you, your teenage child(ren), yourself, or your loved ones do not have a guardian, estate planning attorney Victorville may assist you with writing the appropriate paperwork for the assignment of a guardian.
Directives on Health
A health care policy is a legal document that communicates your desires for health care decisions to others. It permits you to appoint someone to make health-care choices for you if you are unable to use yourself, as well as to give direction on your health-care preferences.
Victorville has been impacted as hard as any other state in the nation by the ongoing economic crisis. The percentage of bankruptcy cases in Victorville has tripled. You are not alone if you are thinking of bankruptcy, but you should not go through the process alone.
The rules and processes governing bankruptcy are fairly complex. It might have major ramifications if you include inaccurate or erroneous details on your bankruptcy petitions. To negotiate the procedural waters, you’ll need the help of an experienced bankruptcy attorney Victorville.