High quality estate planning legal services Orange County with Darren Veracruz Law: Veracruz Law is a comprehensive estate planning, trust & probate law firm located in Orange County, California. We realize that every situation is unique and will take the time to understand your specific circumstances to achieve your goals and objectives. Our strengths are our expertise, our willingness to listen, our integrity, and our willingness to improve our awareness, knowledge, skills, and resilience. From designing an estate plan to dealing with trust administration or estate issues, we recognize that our clients are entrusting us with important matters. We pledge to work at all times in furtherance of our clients’ best interests with the utmost integrity and respect. Find extra details on Darren Veracruz Attorney.
You may stipulate that funds should be used for something specific — perhaps for medical care, college, or just for financial emergencies. Increasingly, parents want to keep the cash out of their childrens’ hands until they have reached a certain age and will be better able to manage these funds for their own benefit. The appropriate age depends on the beneficiary. You may want to consider how have they managed money in the past, or if there are any concerns about substance abuse or gambling. These questions and more should be considered when determining when (or if) the beneficiary should have ready access to funds from the trust you create. Of course, if your children are very young, you may not know how their money habits will develop. In this case, an older age may be most appropriate.
Trust & probate law firm Orange County with Darren Veracruz Law 2023: Additionally, if you have selected someone as your Medical Power of Attorney, it’s advisable to make sure they are aware of that designation, and that they are familiar with your wishes so that should the time come, they can feel confident in their decisions. The person selected as your Financial Power of Attorney should also be made aware of their designation, and at least be given a general overview of the assets that will be under their direction. Let them down easy, if necessary. You may have loved ones who expected to play a significant role in your estate plan, who are not. You may want to sit down with them to specifically address their feelings around the subject, which we will discuss with greater consideration in a future blog post. These conversations might not be easy, but proactively sharing your wishes with your loved ones may help them understand and respect your choices, and ultimately serve as an important gesture of goodwill.
LSSSC currently holds fifty-three contracts with government entities in six (6) Southern California counties. As previously outlined, these services include but are not limited to outreach, case management, payee services, housing counseling, SSI/SSDI outreach and enrollment; emergency services, emergency shelter, hotel/motel voucher, permanent housing, rental assistance, transitional housing, mental health services, victim services, and senior services. LSSSC continues to remain in good standing as a contractor with these government agencies.
The last document that is critical for every young adult is the California Advance Health Care Directive. This is the document that allows a nominated agent to make medical decisions for the person signing the document in the event they do not have the capacity to do so. Some of the other things that the Advance Health Care Directive can do is let the person signing the document elect the choice to prolong life or the choice not to prolong life as well as whether or not they would like to be an organ donor. Many people choose to purchase online trusts to avoid probate only to realize that they didn’t get it notarized or the notary used an outdated acknowledgment language. Or they failed to fund the trust with the family residence or forgot to after refinancing or moving. Trusts are useful instruments but they need to be utilized correctly and the assistance of a professional versed in the instruments is advisable even for the brightest of us. Find extra details on Darren Veracruz Attorney.
If the inheritor is a resident of another state or someone who is not an immediate family member, a typical transfer of gun ownership is managed by a Federal Firearms Licensed (FFL) dealer. The process is detailed and includes: A mandatory 10-day waiting period; The completion of a Dealer’s Record of Sale; A background check with the Department of Justice in the state where the beneficiary lives; A Firearm Safety Certificate must be held before taking possession of any firearm in California.