First, you need to chalk out a plan about what your goals are with the help of a legal document assistant. Based on your needs and goals, your Will or a Living Trust will be created within a much shorter period of time than at a busy attorney’s office and at a fraction of the cost.
Estate planning typically keeps your assets safe, helps you assign a trustor, successor trustees, and beneficiaries, reduces estate taxes and probate fees. In a living trust, you can assign a guardian for your minor and or disabled children, create a durable power of attorney, naming someone you trust, to carry out the functions of your trust if you are incapacitated or are not there, for any reason. In short, you must have an estate plan if: 1. You have sufficient property that you want certain heirs to inherit. 2. You are concerned about your treatment options should you become seriously ill. 3. You have minor or a disabled child. To be continued…
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AuthorDolly is a registered and bonded LDA. She has a Masters degree in Counseling Psychology from USF, Paralegal Certificate from Cal State East Bay University, Mediation Certificate from San Francisco Bar Association, and Divorce Mediation Certificate from CALDA. Archives |