Wills,Trusts & Probate

Wills & Trusts

With the right estate planning documents in place, you can help your beneficiaries avoid the delays and expenses of probate. We can help with Wills, Living Trusts, Restatement of Living Trusts, Healthcare Directives, Powers of Attorney, and trust transfer deeds.

At LV LEGALDOCS, we understand the importance of creating a comprehensive estate plan that includes wills and trusts. Our legal document assistants or legal document preparers are here to help guide you through the process and ensure that your wishes are properly documented.

In Arizona, California and Nevada, creating the right estate plan can be a difficult process. So, we will break down the process of wills and trusts and explain their importance.

What are Wills and Trusts?

Wills and trusts are two important legal documents where you can instruct how you want your assets to be distributed after you pass away. A will is a legal document that outlines how your assets should be distributed and who should be responsible for managing your affairs after your death. A trust incorporates the benefits of a will but is also a legal arrangement where one person (the trustee) holds and manages property for the benefit of another person (the beneficiary).

How to Create a Will or Trust?

Creating a will or trust may seem like a daunting task, but our legal document assistants or legal document preparers can help guide you through the process. We will work with you to understand your specific needs and goals and ensure that your wishes are properly documented and protected. Our team has extensive experience in drafting wills and trusts, and we will ensure that your documents comply with all relevant Arizona. California and Nevada laws and regulations.

How Our Legal Document Assistants or Legal Document Preparers Can Help

Our legal document assistants or legal document preparers are here to help simplify the process of creating wills and trusts. We will work with you to understand your specific needs and goals and ensure that your documents are properly drafted and executed. Our team will guide you through every step of the process, from initial consultation to final document preparation and execution.

Revocable Living Trust Package

Clients who wish to distribute assets amongst their beneficiaries while avoiding probate upon their death can use this service to draft a living trust document. Package includes: Living Trust, Pour Over Will, Certificate of Trust, Power of Attorney for Finances, Healthcare Directive, and 1 Trust Transfer Deed. Includes notary and recording fees.

Restatement of Living Trust

Clients who wish to make changes to their living trust or who wish to rewrite the entire trust may use this service. This includes: Living Trust, Pour Over Will, Certificate of Trust, Power of Attorney, Healthcare Directive, and 1 Trust Transfer Deed. Includes Notary and recording fees.

Standalone Will

Clients who choose to establish their wishes for their estate upon their death may use this service to draft a will – a document that declares what is to be done with their assets, property, and to appoint a Guardian for minor children.

Will Package

Clients who choose to establish their wishes for themselves at the end of their lives, their estate, and their surviving loved ones may use this service to draft a Will and other estate planning documents. Package includes: Will, Power of Attorney, Healthcare Directive, and Burial Instructions.

Power of Attorney

Clients may use this service to prepare documentation that allows a trusted individual to act on the client’s behalf in matters dictated by the power of attorney document. These may include financial matters, legal matters, and real property transactions.

Health Care Directives

Clients may use this service to prepare documentation allowing a trusted individual to make healthcare decisions on the client’s behalf should the client be unable to make them themselves. Healthcare providers are under an obligation to abide by your agent’s requests. This document may specify instructions for the agent and may outline situations in which the agent may take control.

Frequently Asked Questions:

What is the difference between a will and a trust?

A will is a legal document that outlines how your assets should be distributed and who should be responsible for managing your affairs after your death. A trust, on the other hand, is a legal arrangement where one person (the trustee) holds and manages property for the benefit of another person (the beneficiary). While both wills and trusts can be used to distribute assets after death, trusts can be beneficial for avoiding probate.

Can I make changes to my will or trust after it has been created?

Yes, it is possible to make changes to your will or trust after it has been created. However, any changes should be made through proper legal channels to ensure that they are valid and enforceable. Additionally, it is important to regularly review your estate plan and make updates as needed to reflect changes in your life circumstances, such as a change in marital status or the birth of a child.

What is a trust?

A trust is a legal arrangement where a person, known as the grantor or settlor, transfers their assets to a trustee, who holds and manages those assets on behalf of the beneficiaries. The trustee has a fiduciary duty to act in the best interests of the beneficiaries and follow the instructions specified in the trust document. Trusts can serve various purposes, such as preserving wealth, avoiding probate, providing for the care of minor children, or minimizing estate taxes. Trusts can be created during the grantor’s lifetime (living trusts) or through their will (testamentary trusts).

Probate

Probate is often complex and lengthy. If you would like assistance filing probate documents for a decedent’s estate, LV LEGALDOCS can help. Our team can assist with the full probate process with or without a Will, Spousal Property Petitions, Heggstad petitions, Small Estate Affidavits, and more.

Welcome to LV LEGALDOCS, where we specialize in providing affordable and efficient legal document services to our California and Nevada clients. Losing a loved one can be a difficult and emotional time, and we understand that navigating the legal system can add to the stress. That’s why our team of experienced legal document assistants or legal document preparers are here to guide you through the probate process with compassion and professionalism.

What is probate?

Probate is the legal process of administering the estate of a deceased person. This includes distributing the assets to the beneficiaries and paying off any debts. The probate process can be complex and time-consuming, At LV LEGALDOCS, we have the expertise to navigate this process smoothly and efficiently, so you can focus on grieving and healing.

Probate Phase 1

Clients who need assistance navigating probate following the death of a loved one may use this service to initiate a probate petition. Includes: filing of first petition, arranging of publication, and case management up to Order for Probate/Letters of Administration. This process is complex and may require several months or longer to complete.

Probate Phase 2

Clients who need assistance navigating probate following the death of a loved one may use this service to administer the estate. Includes: required Notices, Inventory & Appraisal, Final Report and Accounting, Petition for Final Distribution case management. This process is complex and may require several months or longer to complete.

Spousal Property Petition

Clients who wish to initiate the transfer of their deceased spouse or partner’s property to their own name may use this service to prepare documentation for submission to probate court.