Wills are the most widely recognized and heavily utilized component of estate planning. In its simplest form, a will communicates your intent to your heirs (family) and the court (probate judge) regarding how you want your assets to be distributed after your death. A will is a legal document that can include details such as who will inherit your property or money, who will take care of your minor children and what will happen to your remains after your death.
Everyone, regardless of wealth or family setting, should have a will in California. If you do not have a will, the Probate Court will determine what happens to your property and who will care for your children after your death.
Under California law, unless you have a will, your spouse or domestic partner will be entitled to all of your community property and a portion of your separate property. If you have any children, they will receive the remainder of your separate property. If you do not have a spouse or children, your property will be divided amongst your relatives. If a family member or other relative cannot be found, all of your property will go to the State of California.
It is important that you update your will on a regular basis so that it reflects the current state of your life's affairs. Several events in life make amending or preparing a will particularly important. For example, after a divorce (or during the divorce proceeding), you may want to remove your ex-spouse from your will. If you did not have a will while married, it is an important financial planning tool as you move forward independently. Also, if you are in a relationship but not married you must have a will or your partner will not inherit anything from you.
A will can also act as a complimentary estate planning tool in conjunction with a living trust. You can create a pour-over will which adds smaller assets, like a car, furniture, or specific gifts, to your trust upon your death. The will essentially pours these assets over into the trust where the assets are then governed by the provisions of the trust and thus not subject to the probate process.
The attorneys at Lonich & Patton can work with you to create a will which fits within the big picture of your desired estate plan.
A living will (also known in California as an Advanced Health Care Directive) sets forth your wishes regarding the medical care that you do or do not want in the event you are unable to speak for yourself due to injury, illness or incapacity.
A living will can name the person (your agent) that you would like to speak for you if you are unable to speak for yourself or are otherwise incapacitated. The document may also set forth your specific desires with regard to certain medical or end of life treatments and can dictate under what limited circumstance, if any, you are willing to allow certain medical treatments. One of the most important aspects of a living will is that you maintain complete control over all medical decisions and treatments until it is medically determined that you are incapacitated and can no longer communicate your wishes. Any doctor or hospital must follow your wishes as set forth in your living will or as directed by your agent.
At Lonich & Patton, we understand that it is very important to have a skilled attorney draft a living will that sets forth your exact wishes and cannot be challenged. We want you and your loved ones to rest assured that your wishes will be followed when you are seriously ill.
Please contact Lonich & Patton for a free initial consultation if you have any questions regarding wills or your general estate plan. Our attorneys can be reached by phone at (408) 553-0801 or through the intake form on our Contact Us page.
1871 The Alameda, Ste. 475
San Jose, CA 95126
Phone: (408) 553-0801
Fax: (408) 553-0807 firstname.lastname@example.org
Where We Practice
Lonich & Patton, LLP handles matters for clients in northern California, especially San Jose and Silicon Valley. Our services are available to anyone within the following counties: Santa Clara, San Mateo, Alameda, Contra Costa, Santa Cruz, Monterey, and San Benito. For a full listing of areas where we practice, please click here.