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San Jose Estate Planning Law Blog

Why you need a living will, and what it includes

As a millennial, you may feel that life is just beginning, so drafting a will and planning end-of-life issues can wait until you have some assets worth bestowing and some heirs to whom you can bestow them.

While you might not have amassed your fortune yet, you still have some directives you need to set in stone now in case the unthinkable happens and you cannot communicate. This is where a living will comes into play, and these are the things you need to address.

3 good reasons to establish a living trust

If you are beginning to think about estate matters and how your assets will be distributed after you are gone, you might consider setting up a trust, and you do not have to be a millionaire to do so. Not only will a trust serve as a vehicle to protect your assets, it can also give you peace of mind, knowing that your affairs would be managed properly in the event you become incapacitated.

4 things to include in your will

Writing a will is often postponed until major life events occur. You don't have to wait until you buy a home or become a parent to craft this document. Writing a will is important to your loved ones. Putting your desires on paper makes things clear for your heirs. When you do decide to create your will, don't fall into the trap of overlooking important details. These are the top four things you need to include in your will. 

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