An estate plan is additional and separate process to the planning of your will. Estate planning involves financial, medical, tax and business arraignments and this takes additional documents to fully prepare for your passing. You can decide to distribute your assets to your family, friends and even your favorite charity.
Estate planning can determine:
-When and how your assets will be distributed to beneficiaries throughout your lifetime,
-How and by whom your assets will be managed in your lifetime should you not be able to take care of these matters yourself at a later date,
-How and by whom your health and personal matters will be taken care of if you become unable to care for yourself, and
-How and to whom your assets will be divided amongst after your passing.
For your wills and trusts, fell free to contact the probate attorney in Orange County.