Estate Planning

• Wills – A will provides you control over where assets will go in the event of your death. In the event of a death, you may name immediate family members, relatives, charities, friends or others as the individuals or organizations that will receive your property, and you may designate your will to give other individuals certain instructions, like naming a guardian for your children

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• Trusts – A trust is a legal disclosure created to hold assets that will benefit another person or entity. The individual that creates the trust prepares and establishes the terms of the trust including what the provisions are regarding the management of the trust, the identities of the individual beneficiaries, and circumstances under which the trust income or trust assets may be distributed. A Los Angeles estate planner from Stevenson Law Office can help you establish trusts to fit your specific needs.

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• Advance Health Care Directives – The time of a sudden, serious injury or critical illness is very stressful for loved ones. An advanced health care directive can give family members comfort that they are taking the actions you would want. With an advanced health care directive, you may address issues such as the use of life-sustaining equipment, diagnostic testing, surgical procedures, resuscitation, and organ donation. This document also allows you to appoint someone to make medical decisions on your behalf in the event that you are unable to express your wishes.

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• Powers of Attorney – A power of attorney enables you to designate and authorize another person to transact business or make certain decisions on your behalf. Powers of attorney are extremely useful estate planning tools because there are many different types of powers of attorney available to address a variety of situations. Our Sherman Oaks estate planning lawyers can help determine if a power of attorney would benefit you.