A person who has acquired considerable wealth throughout their life might find themselves having to hire a probate attorney at Elk Grove to manage the distribution of their estate. A process known as probate can be either expedited or delayed based on having an established trust, which means it is in the best interest of an individual with any amount of assets to create a trust before any problems arise.
Becoming familiar with some of the finer details about probate and trusts is beneficial, as an individual will know exactly what options they have available to them should they find themselves in a position where a trust or estate attorney might be necessary. Here are some things an individual can consider doing if they want to avoid probate.
Services Offered By Probate Attorney Elk Grove
- Wills: A properly drafted will is the first step to ensuring that an individual’s assets are distributed as they see fit, and it can also provide for a guardian should an individual have children under eighteen years of age at the time of death.
- Trusts: A trust provides additional steps for asset distribution in the event of a person dying or becoming incapacitated, which means that it might be beneficial to create a trust even if one has already been drafted.
- Powers of attorney: Relatives of an individual can each have a power of attorney so as to avoid conflict after the death of a person, and this also ensures that there is no disruption in daily operations — especially when an individual is in the hospital or in a care facility.
- Living wills: These documents can detail how an individual would like to be handled in the event of a medical emergency, and there are various forms that allow individuals to outline specific preferences on what they would like done in certain circumstances. For instance, an individual might specify their desire for a feeding tube or dialysis in some cases.
In conclusion, hiring a probate attorney in Elk Grove to assist in the distribution of an estate might be necessary. To avoid conflict, it is advisable for people with any amount of assets at all to make a will or trust before anything happens. Before hiring an attorney, read reviews and compare different options in order to select the most reputable one. Make sure that the attorney is experienced in estate planning.
