Why Do I Need a Will?
A will is a legal document that outlines your wishes and provides a plan for how they will be carried out. There are several different types of wills that can be tailored to meet your specific needs. At the Law Offices of Alice A. Salvo, our wills lawyer serving Canoga Park, Van Nuys, Woodland Hills, and other areas can help you understand the benefits of drafting a well-thought-out will and explain the various options for leaving your estate to your beneficiaries.
What a Will Can and Cannot Do
A will can establish:
- Who will be in charge of your estate
- The guardian for your minor children
- A testamentary trust
A will does not cover:
- Joint tenancy assets
- Life insurance and retirement plans
- Assets held in a trust
A will does not protect your estate from going through court. If there are more than $100,000 of assets in your estate at the time of your death, the estate must be administered to probate. There are several ways to avoid probate, and our Woodland Hills wills and estate planning attorney can advise you on what those options are.
Experienced Representation You Can Trust
At the Law Offices of Alice A. Salvo, we provide cost-effective estate planning strategies that can help save your heirs money and taxes. With more than 20 years of experience dedicated to helping people protect what is most important to them, we can help you determine the best way to distribute your estate among your heirs and help minimize potential future complications concerning your inheritance.
Call for a Free Consultation With a Los Angeles Estate Planning Attorney
If you want to know more about how our estate planning services can benefit you, speak with us. Contact our Woodland Hills wills lawyer online or call 818-676-9572 for a free initial consultation to discuss your options. We welcome AARP members.