Trust & probate attorneys Orange County by Darren Veracruz Law 2023: Comprehensive Estate Planning: Every person needs an estate plan but the complexity of the plan depends on the specific circumstances. Some individuals may need limited documents to transfer their personal property to their loved ones. Others may need living trusts and even other business entities. Whatever your situation, we can help you plan for the orderly and efficient transfer of your legacy. Asset Protection: Things you can do will effectively provide asset protection before a claim or liability arises, but few things will afterwards. We can help you limit liability in a litigious and high divorce rate world. See more info on Darren Veracruz.

Creating an estate plan can be an invaluable gift for your family as it can provide them with peace of mind during a very difficult time. Additionally, creating an estate plan offers you the opportunity to have meaningful conversations around your intentions, demonstrating to your loved ones how much you respect and appreciate them. These conversations can go awry, however, as they can bring powerful and unexpected emotions to the surface.Here are a few things to keep in mind to make sure that your conversations are productive and leave your loved ones feeling — well — loved.

Trust & probate attorneys Orange County, California by Darren Veracruz today: Additionally, if you have selected someone as your Medical Power of Attorney, it’s advisable to make sure they are aware of that designation, and that they are familiar with your wishes so that should the time come, they can feel confident in their decisions. The person selected as your Financial Power of Attorney should also be made aware of their designation, and at least be given a general overview of the assets that will be under their direction. Let them down easy, if necessary. You may have loved ones who expected to play a significant role in your estate plan, who are not. You may want to sit down with them to specifically address their feelings around the subject, which we will discuss with greater consideration in a future blog post. These conversations might not be easy, but proactively sharing your wishes with your loved ones may help them understand and respect your choices, and ultimately serve as an important gesture of goodwill.

LSSSC currently holds fifty-three contracts with government entities in six (6) Southern California counties. As previously outlined, these services include but are not limited to outreach, case management, payee services, housing counseling, SSI/SSDI outreach and enrollment; emergency services, emergency shelter, hotel/motel voucher, permanent housing, rental assistance, transitional housing, mental health services, victim services, and senior services. LSSSC continues to remain in good standing as a contractor with these government agencies.

Gun ownership is a serious matter and responsible gun owners should proactively plan for their transfer upon death. Laws and procedures for transferring ownership and possession differ greatly depending on the type of firearms involved and the state. In California, you may be required to register the transfer of ownership or even dispose of it depending on the firearm. Here is a California checklist to help your trustees and personal representatives to transfer your firearms.

The second document is what we call a California Statutory Power of Attorney. This is the document that most banks and financial institutions are familiar with and therefore we recommend it. However, it doesn’t cover the universe of things that could or might happen, so we typically recommend augmenting that with a second documents, an expanded Durable Power of Attorney that is custom drafted. The third document that is critical to have as part of your child’s estate plan is the HIPAA Authorization for Release of Information. A properly drafted global HIPAA allows the nominated parties to receive medical information about the condition of the person who has signed the release. If your child is injured and taken to the hospital, the hospital is technically not supposed to release information about their condition or even that they’re at the hospital to anyone. But if your child executes this release, you can fax this to the hospital or present it in person and they will be able to release information to you. Read even more details on trust & probate law firm Orange County.