If you die in California without a will, the state will determine who gets your property and which individual takes care of your minor children. This will explain the process for determining who gets what when an individual dies intestate.
A living trust is designed to help distribute assets without the costs or time limitations of probate court. It works like a will by allowing the individual to distribute their assets and property to heirs.
Estate planning is an important part of ensuring that you and your loved ones are taken care of. While wills are most commonly associated with estate planning, there are a number of other documents that can help you.
It is possible to create an incapacitation plan or certain parts of it without professional assistance, it is not advisable. Inconsistencies between documents could invalidate all or part of your plan.
Creating and accessing trusts can be complicated. Your loved ones intended the trust to be for their beneficiaries, family members and descendants. Unfortunately, some of the details may be forgotten during the decedent's life.