Estate Planning Attorneys in Los Angeles

Without an estate plan, your assets may be distributed according to state law, which might not align with your preferences. With a legally binding plan in place, you gain:

• Control: Full choice over who manages or inherits your assets
• Protection: Financial security for your family
• Efficiency: Minimal taxation and legal complications

An estate planning attorney ensures your wishes are respected and compliant with California law.

Dying without a will is known as dying “intestate.” When this happens, state law determines how your assets are distributed through an often lengthy and costly process called probate. With no evidence as to how you planned to divide your assets, your property may end up in unintended hands. Sadly, without a will, disputes and conflicts are likely to arise among your loved ones.

These terms are often confused, as they both outline how assets should be distributed. One key difference is that wills only become effective upon death, whereas trusts can also be invoked during your lifetime. Trusts allow you to name someone to manage and protect your assets if you become incapacitated. In general, trusts offer more control over asset distribution and can help minimize tax and legal issues.

It’s crucial to review and update your estate plan to reflect changes in your life. If you marry, divorce, or add children to the family, you’ll likely want to make adjustments. The same applies when you experience significant financial changes, or when there are changes to laws that impact assets. Our expert California estate planning attorneys provide the guidance you need regarding when and how to update your documents.