Probate Attorney - Securing Your Wills, Trusts, and Estate Administration

People are quick to associate wills and trust funds with wealthy families that intend to pass on their fortune and valuables to their children to sustain their status. As your probate attorney, we’re here to tell you that that is not always the case. Anyone can create a will or a trust fund, and, in fact, we highly advise that everyone does so. Writing a living will help you avoid disputes within your family and evenly distribute who will receive your assets and how much they will take ownership of. This can also be helpful when you are preparing to pass down your estate, which can be divided into shares.

Trusts ensure that your wealth is passed down in an efficient and private manner. With a trust, you can limit the third parties that are allowed to access your accumulation of funds. Protecting your will and trust funds can be achieved with the professional help of a lawyer. Whether you need to prepare for the future by establishing a living will or trust, or if you are planning for the loss of a loved one, probate attorney Joseph D. Vasquez can help you.

Why You Need to Look Into Writing a Will and Creating a Trust

There are many conflicting scenarios that can take place if you do not have a will or trust in the making. If you pass without writing a will or a trust fund, the state of which you reside will determine how to distribute your property. Property is usually given to children, spouses, and parents if applicable. If there is absolutely no family to reach out to, the state will then take ownership of the property and assets and regulate its activity. People may be uncomfortable with this idea, which is why it is crucial that you begin to look into writing a will or trust fund with the help of an experienced lawyer.

Wills & Trusts: Common FAQs 

For most, wills & trusts are only something they think of when it’s needed, and they inevitably have plenty of questions. Check out the FAQs to see if your question is answered here! 

What is the difference between a living will and a last will?

People often get the concept of a living will and a last will confused. A living will dictates what should happen in the event that someone needs healthcare instructions, like if they are in a coma or are on life support. 

By contrast, a last will dictates what should happen after the subject has passed. Having both a living will and a lasting will is crucial to making sure what you want to happen will happen. 

What is a Health Care Proxy?

A Health Care Proxy is a legal document that authorizes another person (normally referred to as a “Health Care Agent” that will make healthcare decisions on someone’s behalf. Without a proxy, it can be difficult to make decisions about your health. 

Who should know about my will or trust? 

Anyone that you deem trustworthy or are listing in your will/trust. This includes next of kin, close friends, and anyone listed as benefactors or executors or proxies. 

Choose The Law Offices of Joseph D. Vasquez as Your Probate Attorney

Writing a will or creating a trust can benefit you in various ways. Trusts are optimal when you are trying to save time and money, as they are not overseen by the court. A will is the best choice if you wish to have a legal representative appointed to carry out your wishes. No matter what the case may be, The Law Offices of Joseph D. Vasquez can carry out your commands all the same. Contact our office to learn more about how we can secure the fluidity of your property.