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Have A Wills And Trusts Attorney Prepare Your Estate Plan

Last updated on January 20, 2023

No matter what stage of life you are at, it is important that you have a well-ordered estate plan in place. Your needs will change as you move through life, and having a skilled wills and trusts attorney prepare your estate can help you ensure that you are properly accounting for your goals. You cannot rely on template documents to fully account for your estate planning goals, instead you should chose an estate attorney who can craft you a customized will or trust document.

My name is Gerzain “Mike” Barrera, and at the Law Office of Gerzain Barrera, APC, I can provide you a thoughtful estate plan that will protect your legacy and ensure that your wishes are respected when you pass away. I have 26 years of experience in tax and accounting, so I have a great deal of insight into financial planning and can help you ensure that your assets are transferred in the most efficient way possible to your heirs. You can reach me at my Long Beach office for a free, 15-minute consultation, and I am fully fluent with Spanish.

I Can Help You With A Custom Estate Plan

When you retain me to help create your estate plan, I will assess your finances and assets and provide you with my recommendations for what documents you need in order to ensure that your plan is comprehensive. The most important document that you will need will be a will, formally referred to as a last will and testament. This is where you can record all of your specific bequeathments of property, or distributions of assets to your heirs. Most of your assets will be distributed through this, although some assets like life insurance policies may be payable directly to your heirs without the need to be included in your estate.

The second document that you will need is a power of attorney, which allows for your designated person or persons to make decisions on your behalf regarding your finances and assets if you should become incapacitated. The last document which you will need is an advanced directive, also sometimes referred to as a living will, which empowers the person that you designate to make decisions for your medical care if you should become incapacitated.

A Trust May Be The Perfect Resource For You

A trust is not just a tool for the ultra wealthy, everyday people can benefit from putting their assets into a trust. A trust is essentially a legal entity that you convey property to, select a trustee to manage the trust, and then designate beneficiaries who will receive the proceeds of the trust. Many people with disabilities benefit from disability trusts which can provide for their well being, as can minor children who are unable to manage property yet.

Trusts can be made while you are living, or created in your will to come into effect when you pass, called a testamentary trust. Some trusts are considered revocable, where you retain control over the trust and have the ability to reverse it, while others are irrevocable and you lose the ability to control it. This can be quite useful when setting up assets for tax or retirement purposes. Regardless of your needs, I can help you select the trust that best achieves your objectives.

Learn More By Speaking With Me

If you are ready to get your affairs ordered and looking for a skilled attorney to help you, then you can come and speak with me. You can reach me at 562-267-4165, or write to me with a brief description of your situation. I offer free, 15-minute consultations, and I am fully fluent in Spanish.