Laguna Niguel is a suburban city located in Orange County. “Laguna” is Spanish for “lagoon.” The city began with the Rancho Niguel Mexican land grant, which was acquired by the Laguna Niguel Corporation in order to develop one of California’s first master-planned communities.
The city is located in the San Joaquin Hills near the Pacific Ocean and borders Laguna Beach, Mission Viejo, San Juan Capistrano, and other cities.
With the majority of the population approaching late middle age, it’s important to make sure that your estate is in order. It’s crucial to prepare for the future and work with a skilled Laguna Niguel wills and trust attorney.
Estate planning is essentially creating a plan for the transfer of your property and assets after your death. Your estate consists of all the property you own.
While many people believe that estate planning should only happen after you retire or when faced with a terminal illness or injury, the reality is that an accident or other situation can arise without warning. The prudent thing is to have the documents in place before they are needed.
Estate planning is best done by an experienced estate planning lawyer in Laguna Niguel while you’re legally competent and in good mental health. Your estate plans should be reviewed and updated throughout your life.
A Laguna Niguel living trust lawyer can help you make a plan catered to your individual wishes in order to determine who will inherit from you and who will settle your affairs when you’ve passed away.
If you don’t work with a Laguna Niguel wills attorney or create a written will or trust, your estate will go through probate where the court will decide who inherits your property.
A Laguna Niguel wills lawyer will help you ensure that your family is taken care of and won’t have to go through a lengthy and financially draining probate process.
If you own your home or any other real estate or have more than $150,000 in assets, your estate will be subject to probate if you do not have a will or trust. Probate will determine who is the rightful heir to your estate.
Instead of letting the courts decide for you, it’s best to ensure your family’s future without you by working with a Laguna Niguel probate attorney who can help you ensure who gets your property.
However, if you’re already going through a probate process or will soon for a family member who has passed away,, you need the help of experienced Laguna Niguel probate lawyers that can help expedite the process through the court system.
Trustees typically have a lot of responsibilities after someone has passed away. An experienced trust administration lawyer in Laguna Niguel, CA can help guide the trustee through the process and assist with collecting the assets and distribution.