California Probate Terms - Probate Attorneys California
Probate court handles the orderly distribution of property and validation of wills. It ensures that wills are valid, and that the estate of a decedent is distributed in accordance with his or her wishes by the appointment of an administrator or executor and by overseeing the process of liquidating the estate. The process can be a difficult and complex one, best handled by a probate attorney. California probate laws provide a number of ways to avoid probate, which can make the entire process of settling an estate easier. Again, an experienced probate attorney can be the best source of advice and assistance in any matter relating to probate.
Those probate matters include the intricacies of estate planning. With the help of an experienced probate attorney, California statutes can be used to reduce or even eliminate estate taxes that might be due on an inheritance. The goal of estate planning is usually two-fold - to make the distribution of estate assets more efficient and less costly. This can be accomplished through a careful combination of strategies. Since each situation is different, the assistance of an experienced probate attorney can be invaluable in designing just the right strategy for each client.
Among the instruments that are used in estate planning are trusts, powers of attorney and wills. Those legal instruments can direct your family and loved ones in how you want your affairs to be handled in the event that you are unable to make decisions for yourself.
Advanced Health Care Directive
An advanced health care directive allows you to appoint an individual to make health care decisions for you if you are incapacitated. It will make things far easier for your family and loved ones if you have clearly stated your wishes in advance.
Durable Power of Attorney
A durable power of attorney allows you to nominate an individual to make financial decisions on your behalf in case you are incapacitated. The power of attorney may also be written into a living trust, giving the trustee the right to make decisions on behalf of a person who is incapacitated.
Living Trust
A living trust is more than a power of attorney, though. A well-designed living trust can help you avoid probate and reduce or eliminate taxes that may be due upon the distribution of your estate.
Probate Attorneys in California can help you understand your options for estate planning, and prepare all of the necessary documents to ensure that your wishes are carried out.
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