It is easy to put off making an estate plan with a will or trust, and young, healthy individuals may see it as a low priority. However, estate planning is not just for the rich or aging, since it allows you to control your assets, healthcare and decision making at any age and income level.
If you die without a will or trust, your assets will be distributed according to California intestate laws, and you will have no say over the distribution. No one wants a court to decide how their property is distributed, since most of us have personal preferences in selecting our heirs and who will receive specific property.
Even if you have a small estate, a simple will is far better than nothing at all, and you could be eligible for a streamlined probate process. Please contact us at 951-445-4114 if you would like to begin working on an estate plan, and we can explain the options that are most suitable for your circumstances.