Premium trust & probate legal services Orange County with Darren Veracruz: Veracruz Law is a comprehensive estate planning, trust & probate law firm located in Orange County, California. We realize that every situation is unique and will take the time to understand your specific circumstances to achieve your goals and objectives. Our strengths are our expertise, our willingness to listen, our integrity, and our willingness to improve our awareness, knowledge, skills, and resilience. From designing an estate plan to dealing with trust administration or estate issues, we recognize that our clients are entrusting us with important matters. We pledge to work at all times in furtherance of our clients’ best interests with the utmost integrity and respect. Discover even more info at Darren Veracruz Orange County, California.
You may stipulate that funds should be used for something specific — perhaps for medical care, college, or just for financial emergencies. Increasingly, parents want to keep the cash out of their childrens’ hands until they have reached a certain age and will be better able to manage these funds for their own benefit. The appropriate age depends on the beneficiary. You may want to consider how have they managed money in the past, or if there are any concerns about substance abuse or gambling. These questions and more should be considered when determining when (or if) the beneficiary should have ready access to funds from the trust you create. Of course, if your children are very young, you may not know how their money habits will develop. In this case, an older age may be most appropriate.
Best estate planning attorneys Orange County by Darren Veracruz Law: Additionally, if you have selected someone as your Medical Power of Attorney, it’s advisable to make sure they are aware of that designation, and that they are familiar with your wishes so that should the time come, they can feel confident in their decisions. The person selected as your Financial Power of Attorney should also be made aware of their designation, and at least be given a general overview of the assets that will be under their direction. Let them down easy, if necessary. You may have loved ones who expected to play a significant role in your estate plan, who are not. You may want to sit down with them to specifically address their feelings around the subject, which we will discuss with greater consideration in a future blog post. These conversations might not be easy, but proactively sharing your wishes with your loved ones may help them understand and respect your choices, and ultimately serve as an important gesture of goodwill.
LSSSC has been awarded fee for service contracts and grants for almost thirty years. Over this period, the agency has prudently deployed and allocated public dollars to provide vulnerable populations with vital services such as: Permanent Supportive Housing; Transitional Housing; Rapid Re-Housing; Homelessness Prevention Services; Street Outreach; Emergency Shelter; and Critical Needs for and on behalf of government agencies such as Housing and Urban Development, Department of Education, CDBG, ESG, USDA, and EFSP in Southern California.
The second document is what we call a California Statutory Power of Attorney. This is the document that most banks and financial institutions are familiar with and therefore we recommend it. However, it doesn’t cover the universe of things that could or might happen, so we typically recommend augmenting that with a second documents, an expanded Durable Power of Attorney that is custom drafted. The third document that is critical to have as part of your child’s estate plan is the HIPAA Authorization for Release of Information. A properly drafted global HIPAA allows the nominated parties to receive medical information about the condition of the person who has signed the release. If your child is injured and taken to the hospital, the hospital is technically not supposed to release information about their condition or even that they’re at the hospital to anyone. But if your child executes this release, you can fax this to the hospital or present it in person and they will be able to release information to you. Find even more information at Darren Veracruz Orange County, California.
Document & Inventory– You should photograph each firearm and write down the serial number and names, which will be located on the firearm. Determine if you have a severely restricted firearms “Severely restricted” describes that category of weapons which is heavily regulated, such as assault weapons, including the Florida shooter’s AR-15, an AK-47 or an Uzi. California is intent on eliminating severely restricted weapons by making their transfer nearly impossible.