Trust & probate legal services Orange County, California from Darren Veracruz Law right now: Living Trusts: Having a legal document that details what should happen to your assets upon your demise is a vital part of estate planning. One way to make sure that your final wishes are met is to create a living trust. There are three distinct benefits of creating a living trust; avoiding probate, saving money and maintaining the privacy of your estate. Probate Administration: Administering the estate of a person transferring their assets with a will or those dying without estate planning documents has benefits but the process is complicated and time consuming. We can help you understand your choices. Read additional information at Darren Veracruz.
There is a misconception that when someone creates their will they have little choice but to leave their money to their adult (or minor) children outright. That’s not necessarily the case; parents can use a trust to hold funds back from their kids so that the money may be used for specific purposes. Although it is difficult to think about not being around for your family, if you have minor children or grandchildren under the age of 18, you should consider putting a plan into place for your families’ own protection and well-being.
Premium trust & probate law services Orange County, California by Darren Veracruz Law: Additionally, if you have selected someone as your Medical Power of Attorney, it’s advisable to make sure they are aware of that designation, and that they are familiar with your wishes so that should the time come, they can feel confident in their decisions. The person selected as your Financial Power of Attorney should also be made aware of their designation, and at least be given a general overview of the assets that will be under their direction. Let them down easy, if necessary. You may have loved ones who expected to play a significant role in your estate plan, who are not. You may want to sit down with them to specifically address their feelings around the subject, which we will discuss with greater consideration in a future blog post. These conversations might not be easy, but proactively sharing your wishes with your loved ones may help them understand and respect your choices, and ultimately serve as an important gesture of goodwill.
LSSSC currently operates on a $16.5M budget for Fiscal Year 2021 –2022. Over 80% of the agency’s budget is generated from government contracts. Most of LSSSC’s government contracts and programs have been sustained since 2011. Some contracts –such as the previously mentioned HUD PSH contract through the County of San Bernardino –have been renewed as far back as 2003. The agency’s ability to be responsible stewards of government grants/contracts is directly related to its outstanding fiscal management structure and capacity to execute these high-quality outcome-driven programs.
Individuals and families who choose online estate planning services also seldom think about other very common scenarios that require careful consideration and planning such as family business successions; blended marriages; children with substance issues, etc. A well-designed estate plan makes sure that your resources get where you want them and that they are used in the way you instruct. When it comes to estate and financial planning, there is no way to compare online plans to professionals because they aren’t offering the same service. The good news is that we are here to help you out. We offer transparent and fixed fee pricing and can guide you to a specific plan that will work for you. Discover additional information on Darren Veracruz Attorney.
Document & Inventory– You should photograph each firearm and write down the serial number and names, which will be located on the firearm. Determine if you have a severely restricted firearms “Severely restricted” describes that category of weapons which is heavily regulated, such as assault weapons, including the Florida shooter’s AR-15, an AK-47 or an Uzi. California is intent on eliminating severely restricted weapons by making their transfer nearly impossible.