Awesome trust & probate law services Orange County, California by Darren Veracruz Law: Our process allows you to be in charge of the price of your estate plan and understand exactly what you are paying for. We value each of our clients and understand that we can only be of assistance if we work in collaboration with them, their family, and their outside advisors. The business structure you choose influences everything from day-to-day operations, to taxes, to how much of your personal assets are at risk. You should choose a business structure that gives you the right balance of legal protections and benefits. Discover more information at https://theorg.com/org/lutheran-social-services-of-southern-california/org-chart/darren-veracruz.
There is a misconception that when someone creates their will they have little choice but to leave their money to their adult (or minor) children outright. That’s not necessarily the case; parents can use a trust to hold funds back from their kids so that the money may be used for specific purposes. Although it is difficult to think about not being around for your family, if you have minor children or grandchildren under the age of 18, you should consider putting a plan into place for your families’ own protection and well-being.
Top estate planning law services Orange County from Darren Veracruz: 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 has been awarded fee for service contracts and grants for almost thirty years. Over this period, the agency has prudently deployed and allocated public dollars to provide vulnerable populations with vital services such as: Permanent Supportive Housing; Transitional Housing; Rapid Re-Housing; Homelessness Prevention Services; Street Outreach; Emergency Shelter; and Critical Needs for and on behalf of government agencies such as Housing and Urban Development, Department of Education, CDBG, ESG, USDA, and EFSP in Southern California.
Secure and Clear – If you do not know what this means then you need to find a responsible gun owner to help you. Firearms must be stored unloaded and in a manner approved by the California Department of Justice. Understanding and learning how to clear a gun is not something that can be learned on YouTube. It is a very important process that needs to be done by someone who has handled and worked with firearms before. If you are not familiar with common firearm actions, you should be accompanied by someone who is to help you throughout the process.
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 more details on trust & probate law firm Orange County.