Wills & Trusts
Corona Estate Planning Lawyer
Do you know what will happen to your property should you die unexpectedly? This may seem too morbid to think about, especially if you are young and healthy, but it is never too soon to take care of your assets to ensure that your loved ones are taken care of after you're gone. The sooner you draft a will or set up a trust agreement for a beneficiary, the better, in order to save your loved ones from having to go through the difficult probate process.
Understanding Wills & Trusts
A will is a legal document that states exactly who gets what part of your assets or property after your death. When you fail to draft or write a will, or if you write one in a vague or ambiguous manner and its terms are disputed your property could be mishandled or wrongfully distributed. The best way to ensure that your will is written clearly and indisputably is to do so with the guidance of an estate planner.
As for trusts, there are two types of agreements. The first is a living trust, which allows you or another trustee to handle the assets in the trust while you are living, and then to distribute them to the beneficiary after you pass away. In this case, the trustee may add or subtract property and assets until it is transferred to the beneficiary. The other type of trust is a testamentary trust, which is not created until after your death. This trust agreement is set up beforehand in a Last Will and Testament so that your designated trust administrator can properly distribute your property to your beneficiaries after you die.
Why You Need an Estate Planner
It is entirely possible for you to set up your own will or trust agreement. However, the only way you can be sure of doing it correctly is with the assistance of an estate planner. At Clayson, Bainer & Saunders, PLC, a Corona attorney could help you with the wording and formatting of your will so that it cannot be disputed. We are also experienced in trust administration and could ensure the proper handling and distribution of your property upon your death. Take care of things ahead of time by consulting with a lawyer from our firm today!
Hire an Estate Planning Attorney in Corona
Established in 1910, our firm is one of the oldest and most trusted firms in Southern California. We have also been rated AV® Preeminent™ by Martindale-Hubbell®. If you are in need of a trustworthy and reliable estate planner to assist you with a will or trust agreement, call our offices now for a consultation. We would love to counsel and guide you through the process.