Estate Planning In Corona, California

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In Corona, California, "estate planning" refers to the process by which a person makes arrangements related to their property after their death. It can (and should) also encompass personal issues that might come up immediately before and after a person's death.

One of the first things an estate planner will ask you about when you come to them for help is what you want to put in your will. A will is a document which says who is going to get your property after your death. Once it is proven valid, a will is binding, meaning that the beneficiaries get legal ownership of whatever is left to them. Obviously, if you have any interest in what is done with your property after you die, a will is going to be at the center of your estate plan. However, it is rarely the only part of a solid estate plan.

A solid estate plan will also include instructions to your doctors about your preferences for end of life care, in case you become unable to express them. This is identified as a "living will." It should also include instructions about funeral arrangements and organ donation.

Perhaps most vitally, your estate plan should make arrangements for the care and custody of your minor children, if you have any. Of course, you should discuss this matter with the person you intend to take custody of the children beforehand, to ensure that they are able and willing to provide proper care.

What Type of Estate Plan Do I Need in Corona, California?

The answer to this question depends on your individual needs, your priorities, your health, and the size and nature of your estate.

For instance, if you're unmarried, and in your early 20's, estate planning is probably not the most essential thing in your life. However, if you're seriously ill, and/or unusually wealthy, estate planning might be a priority for you.

If you're not married in Corona, California, but have a life partner, estate planning is imperative. If you want your partner to be treated as your spouse, your estate plan should make arrangements to give him or her power of attorney in the event that you become incapacitated. Additionally, your will should clearly name your partner as a beneficiary, if you want them to inherit any of your assets.

Individuals who are elderly and/or have a considerable amount of money in Corona, California are probably more in need of an estate plan than almost anyone else. Most people place a lot of value in the peace of mind that comes when they know that the people they love, or the causes they care about, will be taken care of after their death. Of course, nobody likes to confront the facts that this process always includes, but it's essential.

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Do I Need a Corona, California Estate Planning Attorney?

Because estate planning in Corona, California can involve some difficult legal and financial issues, it is necessary to undertake this task with the guidance of an experienced attorney who specializes in estate planning.

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Life in Corona

Corona, CA is a medium-sized city in Riverside County, California. Its population is approximately 125,000 people. 

Corona was founded in the late 1800s, at the height of the citrus boom in Southern California. It was so successful in this industry that it was once nicknamed "the lemon capital of the world." Modernly, Corona, CA is a bedroom community (a primarily-residential community, the residents of which primarily commute to other cities for their jobs) for the larger cities in the Orange County and Inland Empire regions. Because of its affluent and residential nature, many residents of Corona, CA are highly successful professionals, such as doctors, accountants, and Corona, California lawyers.

In 2002, there was a proposal to turn Corona into its own county. It was drafted and reviewed by several Corona, California attorneys. However, the proposal never got off the ground.

The economy of Corona is dominated by education, healthcare, and other services. One of the largest employers is Watson Pharmaceuticals, which is a large manufacturer of generic medications, and is the 5th largest drug company in the country, by prescription numbers. This company employs many educated professionals, such as engineers and research scientists. On the administrative side, it also employs several lawyers.

If you live in Corona, CA and are facing a serious legal issue, there are many attorneys who practice law in and around Corona, California who will be able to advise you on your legal rights, and your chances of succeed

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