TRUST AND ESTATE PLANNING

Avoid Probate with responsible estate planning. Most people think that all they need is a Will and to designate beneficiaries to make sure their property passes to their heirs when they die. Most of those people could not be more wrong! If you own real property, or have minor children, you likely need a trust centered Estate Plan! Trust centered Estate Planning is a way to provide instructions for the transfer of your assets to your heirs on your death, outside of the Probate Court and to ensure management of your affairs if you become incapacitated without unnecessary court involvement. When you have a compressive Estate Plan, you can eliminate all of the fees, hassles, and courtroom drama associated with Probate. You also prevent court interference if you become incapacitated, and provide for guardianship of your minor children. An Trust Centered Estate Plan can provide you with more privacy than a will because in most states, Living Trusts are not recorded.

When you purchase a comprehensive Estate Planning package from us, we will provide you with the following:

Comprehensive Estate Planning Package

A Customized Revocable Living Trust

Generally a Revocable Living Trust provides that upon your death, your property shall go to the named beneficiaries according to your specific inheriting instructions. Additionally a revocable living trust will also provide for instructions for management of your assets if you become incapacitated.

A “pour-over” Will

A Pour-Over Will is a special type of will that, used in conjunction with a trust, allows for assets not titled in the trust to be placed in the trust upon your death.

A Durable Power of Attorney for Personal and Financial Matters

A Durable Power of Attorney allows you to authorize agents to act on your behalf on personal and financial matters. It is called durable because it allows the person you authorized to act on your behalf even if you become incapacitated.

An Advance Health Care Directive

An Advance Health Care Directive, also known as living will, is a legal document in which you can specify what actions should be taken for your health if you are no longer able to make decisions for yourself because of illness or incapacity.

Certification of Trust

A Certificate of Trust is a document normally used to transfer assets into your trust. It is a document you can present to banks and financial instructions that confirms your authority to act on behalf of the trust.

Schedule of Assets

A Schedule of Assets is a document containing a comprehensive listing of the assets that have been transferred (funded) into your trust as well as a list of those assets that have beneficiary designations which are not typically retitled into the name of the trust. This document also serves as a document showing your intent of what assets you planned to hold in your trust.

If you or someone you know is in need of the above-mentioned legal services, please call our office at (619) 683-2545 to schedule a free, no obligation, one-on-one appointment to discuss your legal needs. The Lawyer in Blue Jeans Group is a San Diego, California based law firm that specializes in Estate Planning, Trusts, and Wills.