Legal Question in Wills and Trusts in California
I am 89 years old, married with no children.
I own two small one family houses ( One in which I live),
some CDs and a few stocks.
To avoid probate, what need I do?
1 Answer from Attorneys
There are only 2 ways to avoid probate, either (1) own less than $100,000 total gross value at the time of passing or (2) create a trust that passes your estate. Obviously, the second is the preferred method. To do so, you will also need a will that pours over into the trust, durable power of aset management and it could not hurt to also have a living will (a durable power of healthcare). You will also need HIPAA releases for all parties, you as well as successor trustees.
Our office specializes in this area and I am certain that we can assist you at creating an estate plan that will best suit your needs and fulfill your wants and desires.
Please contact our office at the number and/or address provided by LawGuru and press 2 for Kathy. Let her know I recommended you and she will take care of all your needs.
If you would like to discuss this matter further in a more private forum, please feel free to contact me directly at the email address provided by LawGuru or through our firm�s website located at PasadenaEstatePlanning.com
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