If you live in California, a prosperous state with sky-high real estate values in its urban area, it is advisable that you have your estate planning documents in place. Doing this will help prevent probate after your death. Although all estate plans are unique, there are some documents you must have in place if you want to secure your present and the future. If you do it the right way, you will have planned your lifetime financial and healthcare needs before you die or become incapacitated.
To actualize all these with ease, you should work with the Law Office of R. Grace Rodriguez. Our lawyers offer comprehensive services to our clients. We will hear you out and work with you to devise an appropriate and effective strategy to make your real estate planning work out as expected.If you own a property in California, this article is definitely for you. We will be laying emphasis on the major documents you need in real estate planning. Let’s explore more.
Advance Health Care Directive
General Durable Power of Attorney
Last Will & Testament
A will is a document that states your final wishes and gives instructions on how you want your property divided after your death. It is common for a will to carry the executor’s name who will carry out the wishes of the testator.
If the deceased has minor children, then the will must include the guardianship provision for the children. It will also include how debts and taxes should be paid. Californians prefer to combine this document with the living trust, another important document in real estate planning.
Living Trust
Wrapping Up
By now, you know what good estate planning looks like. However, if you want to achieve your estate planning goals, you will need to work with an experienced lawyer.
To get the best results, we will recommend you to work with The Law Office of R. Grace Rodriguez. We are a California-based and dedicated lawyer with a passion for real estate and asset protection. We will give you solid guidance in your estate planning process that will leave an everlasting smile on your face.