J.M. Crowell Attorney in San Diego

	Wills A Will is a document that lets you tell the Probate Court: who will manage and distribute your estate, who will inherit your estate, who will raise your minor children, and the age at which you want your children to receive their inheritance. A Will is the traditional document for doing all of the above plus more. While some people continue to rely solely upon a Will for the disposition of their estate, most people today tend to be a little more sophisticated in their estate planning; and the Will becomes just one of the documents that is used to accomplish the above goals. The decision lies in part on the size of the estate. Use of a Will by itself will require that your estate go through probate. This may not be to the advantage of your heirs, since it can be costly and can tie up assets for one to two years. We evaluate every clients needs individually to determine the best estate planning vehicles - the ones that will permit the quickest, easiest and least costly distribution of assets. Living Trusts Living Trusts do everything a Will does... and in addition, they also avoid the time and expense of probate and may save you thousands of dollars in federal estate taxes. As a rule, a Living Trust enables you to transfer as many of your assets as you wish into the name of the Trust, thereby avoiding probate. You can be the trustee, thereby making all decisions about the assets. You can have the right to end it any time you wish. Who needs a Living Trust? Anyone with an estate that would be subject to probate should have a Living Trust. In California, this can include homeowners and those who have an estate of more than $100,000 (including pension plans and life insurance to your heirs). We recommend you obtain a free evaluation of your estate in order to determine whether this is the right vehicle for you. Copyright © 2001 J M Crowell & Associates. All rights reserved. All content on this website is the sole copyrighted property of J M Crowell & Associates and may not be copied or reproduced in any way without written permission from Janice Crowell. Legal disclaimer: The information provided on this site is for general information purpose only. The material on this site does not constitute legal advise.
	7404 Avenida Encinas Suite 104-336, Carlsbad, CA 92011 phone: 760.268.0807

	© Copyright 2008 Janice M. Crowell, Atty.. All rights reserved.