LOS ANGELES
ESTATE PLANNING LAW OVERVIEW
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closely with a network of reputable Los Angeles estate
planning attorneys and law firms who have proven experience and
expertise in dealing with all legal issues involving
Los Angeles estate planning law and are committed
to providing the highest quality of competent legal
representation.
If you or someone you know would like to get referred
to a bar certified Los Angeles estate planning lawyer,
contact us Toll Free at (800) 215-1190 or
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in resolving your case efficiently and expeditiously.
Los Angeles wills and estate planning law governs
all matters involving the drafting and implementation
of a “last will and testament.”
The following are explanations are select subjects
included in Los Angeles wills and estate law:
Wills
(Covered in estate Law)
In essence, a will is a written document which leaves
the estate of the person who signed the will to named
persons or entities, including shares or percentages
of the estate, specific gifts, and the creation of
a testamentary trust.
A will usually names an executor to manage the estate,
states the authority and obligations of the executor
in the management and distribution of the estate,
sometimes gives funeral and/or burial instructions,
nominates guardians of minor children and spells out
other terms. To be valid the will must be signed by
the person who made it, be dated and witnessed by
two people. If the will is still in force at the time
of the death of the testator, and there is a substantial
estate and/or real estate, then the will must be approved
by the court, managed and distributed by the executor
under court supervision. If there is no executor named
or the executor is dead or unable or unwilling to
serve, an administrator will be appointed by the court.
If there is no estate, including the situation in
which the assets have all been placed in a trust,
then the will need not be probated.
Estate Planning
(Covered in wills and estate Law)
Estate planning is the process by which an individual
or family arranges the transfer of assets in anticipation
of death. An estate plan aims to preserve the maximum
amount of wealth possible for the intended beneficiaries
and flexibility for the individual prior to death.
A major concern for drafters of estate plans is Federal
and state tax law
All of our Los Angeles estate planning
attorneys and law firms are members in good standing of the California
Bar Association and have been subject to our pre-screening
process so that we may provide you with the best legal
assistance possible. To get referred to a qualified
Los Angeles estate planning lawyer
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