The Law Offices of Lawrence H. Nemirow is located in Los Alamitos, providing representation for estate & probate, business law, and insurance law. Contact me today to schedule an appointment. My goal as your attorney is to provide you with the highest quality legal services available in a timely, knowledgeable, and ethical manner.
Nothing is more important to protecting your legacy than creating your estate plan. Creating a Trust protects your loved ones by ensuring your gift to them is strictly by your wishes, and you have the option of just creating a trust, a will, a financial power of attorney, and/or a medical directive.
Nothing is more important to protecting your legacy than creating your estate plan. Creating a Trust protects your loved ones by ensuring your gift to them is strictly by your wishes, and you have the option of just creating a trust, a will, a financial power of attorney, and/or a medical directive.
Services
At my Law Offices, I understand that estate planning can be emotionally challenging and legally complex. If your loved one passes on without an estate plan, I will assist the family with choosing an administrator, petition the court to have your administrator approved, and guiding and assisting the administrator through the entire probate process.
A Trust is another method of estate transfer-a fiduciary relationship in which you give another party authority to handle your assets for the benefit of a third party, your beneficiaries. A trust can be created for a variety of functions, and there are many types of trusts. Overall, however, there are two categories: living and testamentary.
A Will is a written document expressing a deceased person's wishes, from naming guardians of minor children to bequeathing objects and cash assets to friends, relatives, or charities. A will becomes active only after one's death. The most common type of will is called a Testamentary Will. It is a legally enforceable document stating how you want your affairs handled and assets distributed after you die.
Wills and Trusts are both important estate-planning tools, but they differ in important ways. First, a Trust is activated when the grantor signs it. A Will does not go into effect until the testator. Upon your death, your Will goes through probate, and a Trust does not. A Will is where you name guardianship of any minor children, plus share any funeral or memorial plans or requests.
Living Wills and other Advance Directives are written, legal instructions regarding your preferences for medical care if you are unable to make decisions for yourself. Advance Directives guide choices for doctors and caregivers if you're terminally ill, seriously injured, in a coma, in the late stages of dementia or near the end of life.
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