You Have Choices

You Have Choices



You have choices when planning your estate. You are not required to utilize a last will to direct the

distribution of your assets after your death. Instruments such as revocable living trusts are viable

options and they are not exclusively for the wealthy.



Your estate must be probated when you use a last will as your primary asset transfer vehicle. Probate

comes with considerable costs. Depending on the overall value of your estate and its relative

complexity, the costs associate with probate can erode 10% of the value of your estate in court and

attorney fees.



In addition to the expenses, probate can be a lengthy and time-consuming process. If your estate must

go through probate, your heirs do not receive anything until the probate process has been completed,

and depending on the jurisdiction this can take several months or even years!



If you were to utilize a revocable living trust, upon your death your assets could be transferred to your

loved ones quickly and outside of the costly and time-consuming probate process. Additionally, a living

trust allows you to include instructions regarding your wishes as to how you want your estate managed

in the event you become incapacitated.



You are not locked into any one particular course of action when you are making plans for the future.

To explore your options, take a moment to arrange for an informative consultation with a qualified

Santa Clara County Estate Planning Attorney.



Experienced estate planning attorneys Campbell CA of the Law Office of Roy W. Litherland offers

estate planning and business planning resources to residents of Campbell CA. To learn more about

these free resources, please visit www.attorneyoffice.com/ today.