Estate Planning is never easy, because there are many aspects that need to be checked and managed, to ensure that your properties and assets are disposed of properly after your death. The will is easily the most important aspect of distributing assets, but there are many other documents that need attention, including “powers of attorney for health care”, trust agreements, selling and buying agreements. No wonder, estate planning isn’t easy and you will need to understand the best ways to ensure that the objectives are met both in your lifetime and after death.
How to deal with Distributing Assets?
The first thing is to decide the will, and in California, you need to be over 18 to make your will. Once done, it should be signed by the Testors, witness by two people who don not benefit from the will. In absence of a will, the administrator appointed by the court will settle the estate after ensuring that the taxes, expenses and debts of the deceased person have been addressed. There is also the option where you can have a trust prepared and benefits passed on to the beneficiary by appointing a trustee. Either of the choices or even both are used by people to ensure distribution of their assets.
Daniel Tripathi and his team can help
Whether you are creating a will or in deciding on a Trust, Daniel Tripathi and his team can provide professional legal assistance. Daniel Tripathi is among the finest reliable and trusted attorneys in Riverside, Daniel’s advice has been effective and affordable for his clients in clearing issues of their wills and Trusts and his team works with equal dedication. To discuss your estate planning process, you can consult the team for an appointment. Daniel takes pride in his work, which is why his clients are always provided with utmost attention. Call the team now for an appointment!
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