Rancho Cucamonga, Fontana, Ontario, Upland,
Claremont, Rialto, Eastvale, Corona
Information is key in deciding the best alternatives for your estate planning needs. Mary meets individually with each client to discuss their estate issues and concerns. She serves as a sounding board to help you make decisions, then crafts an estate plan that meets your wishes.
Generally if an estate has a gross value of over $150,000 it must be probated [unless there is a trust as discussed below]. If the decedent did not have a will or a trust, the Court will determine who is to administer the estate, the authority of the administrator to act, and who will be the heirs at law. By leaving a will, you tell the Court who you want as your executor, who your beneficiaries will be and what authority you want your executor to have. If you have a minor child, you state your nominatee to act as their legal guardian. Your last will and testimony gives voice to your wishes.
Because your real estate, bank accounts, etc. become assets of the
trust, a probate of your estate is unnecessary. In addition, if you
become incapacitated and cannot manage your trust, the document
provides for a successor trustee to take over without any Court action.
A trust can also provide for payments for your child’s health, education
and welfare up to an age set by you. Like a will, you determine your
beneficiaries. Because trusts are not managed through the Probate
Court, they are not of public record.
Serving Rancho Cucamonga
and the Inland Empire since 2011.
Estate Planning which reflects your wishes.