Essential Estate Planning Documents

Essential Estate Planning Documents

Many individuals are unsure what documents are needed when planning their estate. There are many options to consider when planning to pass their wealth to loved ones. For many they have a specific goal of avoiding the expensive probate process when planning their estate.

In order to avoid probate, it is necessary to use a revocable living trust as your primary estate planning document. It is important to note that even when planning with a revocable living trust, a California estate plan must also contain a will.

Revocable living trusts are typically used by individuals that want to have a more efficient transfer of property to loved ones. Revocable living trusts often contain:

  • Instructions for distributing specific assets to designated individuals or charity
  • Trustee instructions for your care during any period of disability
  • Creation of trusts for minor children, adult children, and surviving spouse
  • Tax planning for retirement assets, real estate and investment accounts

Wills are typically used by individuals for:

  • Selecting a guardian for minor children

LifePath Law, APC can help you design and draft a revocable living trust, providing protections for yourself, your children, and a surviving spouse or charity.

Contact Us Today

We at LifePath Law, APC, believe in providing services in a way that clients can easily understand and meaningfully participate in designing and maintaining their estate plan for their loved ones, as well as be assured that their plan will be administered according to their wishes.