The suspension of the Los Angeles Superior Court is the most pressing issues regarding your estate plan in this time. As of the date this article is posted, no civil issues can be brought to court until June 22nd at the earliest. Sadly, this date is a moving target, and there is no guarantee that you will be able to deal with necessary matters that involve the court. It is likely you believe this has little relevance to your life and current situation, but the implications of this decision can affect everything in your life if you do not have the proper Estate Planning documents in place.
Without the necessary plan, individuals are dependent on the court system to authorize medical decisions and financial decisions for someone who is unable to handle their affairs. This means that if your loved one has a health crisis during this time and you lack the appropriate legal documents, you cannot make essential decisions for their well-being. If your spouse becomes critically ill and you need to make financial decisions that requires both of your signatures, you can’t. If a loved one has died, probate court is a must to handle the person's affairs. Unfortunately, because of court closures, none of their beneficiaries would be able to access necessary funds or deal with any estate manners. But most Americans believe that a will is sufficient for their needs.
It’s not.
Without the right legal documents, you will be 100% dependent on the government to make decisions for your spouse or loved one. You have no authority to make decisions that may impact you or your loved ones at a time when such decision making is gravely needed. All of these problems can be solved with a Living Trust and supporting legal documents. When you have a good quality Living Trust, you are INDEPENDENT. America was founded on the ideals of personal responsibility and making your own decisions. Don’t wait for the government to get back on its feet to protect your family and legacy. Contact our office today to schedule a consultation and get the peace of mind you deserve.