Anyone with assets can benefit from an estate plan. Estate planning can save your loved ones from making difficult decisions after you pass away or if you become unable to make your own decisions. It can also ensure that your wishes for both your assets and your care will be met. At The Dayton Law Firm, P.C., our team of San Jose estate planning attorneys is compassionate to families and individuals. We aim to help answer questions about your long-term planning options.
In some states, you can also execute a temporary guardianship for your children. If you need to turn over the care of your children temporarily to another adult because you are having a medical procedure or are out of town on business, you may want to set up temporary guardianship. A formal temporary guardianship allows another person the right to approve medical treatment, sign permission slips for school or otherwise make decisions for the benefit of your children while you are not able to care for them.
I welcome the opportunity to get better acquainted with people who would like to know more about ways I can help them. I have offices in San Jose where I specialize in Estate Planning, Probate, and Medi-Cal & VA Benefits. My undergraduate studies were at University of Phoenix, and I then studied law at Santa Clara University Law School. I am currently accepted to practice before the bar in California. I find that a one hour "get acquainted” meeting is a good way to introduce myself to you, and we can easily arrange a meeting if you call me at (408) 437-7570.
Wills
"The mistake actually isn't part of the will and trust, said Dan Prebish, head of life services events at Wells Fargo Advisors, based in St. Louis. "It actually has to do with beneficiary designation."
Trusts
An estate plan, including both a pour-over Will and a Revocable Living Trust, allows you to specifically control how your property will pass after your death. This can be of great interest to collectors with valuable property, but can be just as beneficial for family heirlooms, or other sentimental items that you wish to leave to a specific family member. If you have no family members who share your interest in collecting, you can leave them to a charitable organization that understands the value.
Power of Attorney
Be sure you’ve had a conversation with the person who has named you as their Power of Attorney or Health Care Power of Attorney, so that you thoroughly understand their beliefs and desires about how they want to be medically treated, or not, in the future. There are many tools you can use to help guide the conversation.
Legal asset protection planning and criminal actions to defraud legitimate creditors. For this reason it is essential to have an attorney's help through the process. It is also a good idea to integrate asset protection into estate and tax planning; and, like a portfolio, asset protection should be diversified. Don't rely on only one method.