Estate Planning In Simi Valley, California

Find the right Estate Planning attorney in Simi Valley, CA

In Simi Valley, 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 include 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 assistance 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. Nonetheless, it is rarely the only part of a solid estate plan.

A will is rarely the only aspect of a comprehensive estate plan. Most persons have quite strong preferences about their end-of-life care, particularly when, and under what circumstances, they would want to be taken off life support, if that every happens. These wishes should be made in writing, and discussed with family. Furthermore, preferences on organ donation and funeral arrangements should also be made clear.

Most especially, an estate plan should give instructions on the care of your minor children. It should lay out who is to take custody of them, and, if possible, leave them a large sum of money to assist with this care. Of course, you should discuss this matter with the people who you want to take custody of your children, to make sure they can truly take on such responsibility.

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

The answer to this question varies largely on your goals and priorities, as well as your age, health, and the amount of assets you have.

If you are in good health, young, and not married, planning an estate is likely not a high priority. And at this time in your life, it doesn't really have to be, with a few possible exceptions, such as individuals who work in very hazardous jobs, or who are very wealthy.

There is one group of unmarried people for whom estate planning in Simi Valley, California is absolutely necessary: adults who are not married, but have a life partner who they'd like to provide for in the event of death. There are many rights that automatically attach with marriage, such as the right to inherit if a spouse dies without a will, the right to make medical decisions for the other spouse if they become incapacitated, etc. If you and your partner are, for whatever reason, unable or unwilling to get married, you will have to take various steps to secure these rights, such as authorizing power of attorney, and writing them into your will.

There is another considerable group of people who would benefit from having a good Simi Valley, California estate plan: the elderly and those with a lot of money really need to consider making a comprehensive estate plan as soon as possible. While this necessarily includes facing some uncomfortable realities, it is important and unavoidable.

Do I Need a Simi Valley, California Estate Planning Attorney?

Because estate planning can be a confusing process, the expertise of a good lawyer in Simi Valley, California who specializes in wills, trusts, and estates can make the process a great deal easier.

Talk to a Wills, Trusts and Estates Law Attorney now!

Life in Simi Valley

Simi Valley is a suburb located in beautiful Southern California, bordering San Fernando Valley and the greater Los Angeles area. Simi Valley is surrounded by the Santa Susana Mountain range and the Simi Hills; therefore is known for gorgeous sites that emphasize Mother Nature's beauty. With such an appeal also labels the area as a high-risk location for wildfires.

Simi Valley has been pictured in many popular Hollywood movies including Poltergeist, Little House on the Prairie, The Thorn Birds, Bachelor Party, and The Doberman Gang.

Top employers in the area include the school districts and hospitals, as well as Farmers Insurance Group, AeroVironment, Vons, Meggitt Safety Systems, Wal-Mart, Milgard Manufacturing, and Rancho Simi Parks Recreation District.

Southern California is home to many law school and firms of all sizes. Moreover, many ivy-league educated attorneys make Southern California their home after graduation. Thus, the legal force in and near Simi Valley is served by brilliant attorneys who are trained by some of the largest firms. Also, the vast number of firms bring about fierce competition and competitive pricing for Simi Valley residents. All in all, Simi Valley residents can rest assured that any legal inquiry of theirs can be handled by the legal industry in and around Simi Valley.

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