Wills & Trusts

Wills & Trusts

If you die without a will, trust, or other provision for the distribution of your money and property, those assets will generally be distributed according to state law. If you don’t plan ahead for the distribution of their assets probate court becomes a necessary step to transferring assets to heirs. And not to heirs you designate! Probate is a scary thing for most families. Massive attorney and administrative fees and  an extraordinary time commitment going back and forth to probate court could be completely avoided with a properly executed estate plan from Simple Solutions LDA! 

You have taken care of your family all your life and you want to ensure that they are well cared for in the event of your death or that of your spouse. You can control the distribution of your assets by creating a will or a living trust. You can also make arrangements for the care of your minor children.  

Essential Estate Planning Documents You Will Need

An Estate Planning Living Trust is the legal tool for financial planning that outlines the way in which your assets will be managed according to your wishes during your life.  It also plans out how they will continue to be managed if you become incapacitated.  Additionally,  how and to whom your assets will be distributed to after you pass away.

Will

A California Last Will and Testament or Pour Over Will is a legal estate planning document used for the purpose of distributing an individual’s property, whether personal or real, upon their death to those they name as beneficiaries.  A Will is different than a Living Trust in that a Will only provides instructions for the distribution of real and personal property upon your death.  It does not provide instructions should you become incapacitated or incapable of making decisions regarding your medical care.  Another extremely important benefit is that it can allow you to name someone as the legal guardian of your children and/or handle any property left to minor children.

Please keep in mind, as of April 1, 2025, if you own estate assets in excess of $208,850 even with a Will,  probate may still be necessary. A simplified court process may be granted in some instances where an estate exceeds this threshold. Call us for more information about the process.   

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Durable Power of Attorney

A Durable Power of Attorney gives someone the authority to act on another person’s behalf to handle financial and business transactions.  Typically the person that has the Durable Power of Attorney over another will typically be called upon to do such things as pay monthly bills, prepare taxes, settle claims, operate business interest or hire household help.  For many, a Durable Power of Attorney comes into effect when parents or other family members become physically or mentally incapable of managing their own affairs, and a family member or trust aid takes over.

Healthcare Directive

An Advanced Healthcare Directive allows an individual to choose an agent to make medical decisions on their behalf and select end-of-life treatment options. An advance directive combines a medical power of attorney and a living will. It is recommended to be completed by elderly individuals and those seeking high-risk medical procedures. Why is it important? The document allows loved ones to make medical decisions on a person’s behalf.  It also outlines their preferred life-saving treatment options. It is a combination of a medical power of attorney and a living will.

Receiving medical treatment, especially when dealing with serious illness or end-of-life situations, often comes with many different decisions to make. Do you want to be kept alive no matter what, even if you’re suffering? Should you undergo a risky surgery? If you do pass away, do you prefer a burial or a cremation? Advance directives help to erase ambiguity in situations where doctors can’t ask patients how they wish to be treated.

HIPPA Waiver

A HIPAA Waiver of Authorization is a legal document that permits the use or disclosure of an individual’s health information to third parties. It allows doctors to provide information on a patient’s health to third parties, such as researchers, attorneys, other doctors or family members. It became necessary because healthcare privacy has come into increased focus in the digital age; it is much easier for doctors to transmit patient health information via the Internet than it was when records had to be mailed or faxed.

Live Scan Fingerprinting

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Deeds & Affidavits

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Student/Young Adult POA

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Adult/Senior Power of Attorney (POA)

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Wills & Trusts

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