Are you looking for a living will attorney in San Diego?
Today we are talking about living trust versus living wills and when you should get a living will attorney involved.
Both living wills and living trusts are legal documents that assure a person’s wishes are carried out when they pass away.
In both living wills and living trusts you hire someone to handle your affairs for you. However in a living will the person is called a trustee.
In both living wills and living trusts you name the individuals who you wish to receive your assets after you die.
The biggest difference is that a living will outlines your wishes if you were to become incapacitated as well. A living will is important for individuals who are concerned about what will happen with their property, finances and businesses if they were to fall ill and be unable to make their own decisions.
When you have a living will you still maintain control of your assets. You get to state who in your family will be appointed to assist you under these circumstances.
Even if you are currently healthy, it is never a bad idea to have a living will in place. Living wills make sure that your best interests are taken care of and that your loved ones are able to properly assist you.