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Last will and testament

Your Last Will and Testament is a legal document that defines your final wishes regarding the distribution of assets and appointing an executor to manage your estate. It serves as a roadmap for the division of property, care for dependents, charitable donations, and your charitable wishes.

What is estate planning?

Estate planning entails making important decisions about: 

  • The distribution of your assets
  • Appointing guardians for minor children
  • Documenting healthcare preferences after you die

At Correa & Martinez Trial Lawyers, we specialize in estate planning and will work closely with you to understand your individual circumstances and goals to create an estate plan that’s tailor-made to you.

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What happens if I have no will and testament? 

Without a valid Will in place, assets may be distributed according to state laws instead of your desires; our team at Correa & Martinez Trial Lawyers understands its significance and works diligently on each detail to make sure every detail of it matches your intentions. 

What is in a will?

Executor

Our seasoned attorneys can assist in selecting an experienced individual to execute your will according to its terms, including asset distribution and debt settlement tasks. 

Beneficiaries

Our team can assist in clearly identifying those individuals or organizations who will inherit your assets, whether through full bequests or percentage allocation. We will make sure your wishes are accurately represented.

Guardianship

For families with minor children, choosing an individual who will ensure their welfare in the event of your passing can be an emotional decision. Our team can assist in making sure their best interests are protected when making this difficult choice.

Digital Assets

In this digital era, it is crucial to consider all your digital assets - such as online accounts, media files, and intellectual property. Our experts will assist in including provisions in your will to ensure these are handled in an orderly fashion after your death.

Charity Donations

If leaving a charitable legacy is important to you, we will assist in outlining your preferences in your will and ensuring your philanthropic goals are accomplished. 

Drafting a last will and testament

Drafting your last will and testament can be a complex process, but it becomes straightforward with Correa & Martinez Law Group on your side. Our experienced estate planning attorneys will guide you through all the legal requirements to create a Will that complies with all your wishes and is compliant with state laws. 

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Estate planning tools

In estate planning, two common options are a last will and testament and a living trust. Both serve the purpose of distributing assets and ensuring your wishes are carried out after your passing.

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What can a will do?

  • Flexibility: A will allows you to specify how you want your assets distributed and who will be responsible for carrying out your wishes.
  • Cost-effective: Creating a Will is generally less expensive than setting up a living trust.
  • Simplicity: It is relatively straightforward to create a will, especially for individuals with uncomplicated estates.

Advantages of a will and testament

  • Avoidance of probate: Assets held in a living trust can bypass the probate process, saving time and money for your loved ones.
  • Privacy protection: Unlike a will, a living trust remains private, minimizing the exposure of personal information.
  • Incapacity planning: A living trust allows for the seamless management of your assets if you become incapacitated.

Determining whether a last will and testament or a living trust is better depends on various factors, such as the size and complexity of your estate, your privacy concerns, and your specific goals. We can help you better understand the options and make an informed decision based on your circumstances.

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Is your family’s future safeguarded?

Working with Correa & Martinez Trial Lawyers in estate planning lets you rest easy knowing you’re in safe hands. Our team’s expertise and commitment will assist in creating a last will and testament that accurately represents your wishes, protects those closest to you, and safeguards your assets, so take the first step toward protecting your legacy now. Contact Correa & Martinez Trial Lawyers today. 

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