Setting up an estate plan empowers you to make the important decision of how your future and end of life wishes are carried out. Making these decisions now can spare you and your loved ones from the future expense, frustration, and delay of managing your affairs through the court’s probate system. A comprehensive estate plan will prevent future legal hassle, prevent probate fees, and minimize conflicts among your heirs in the event of your mental incapacity or passing. Although the thought of implementing an estate plan can be intimidating, our firm will guide you through the entire process and draft clear legal documents to ensure your decisions will be followed. Don’t wait until a crisis. Call us today and get peace of mind knowing your family and loved ones will be provided for according to your wishes in an efficient manner.
Despite common misconception, trusts can be a great estate planning tool for people of all economic levels. To ensure you and your loved ones are taken care of, we can help you set up a trust that is customized to your particular needs and objectives. If you have been selected as a trustee, we can guide through your fiduciary duties and the sometimes overwhelming process of properly administering the trust. If you are a beneficiary of a trust, we can help ensure that your rights and interests are protected under the trust.
If you are the heir of a family member who did not have an estate plan or improperly funded a trust, you will likely be subjected to the probate system. Probate is a court-supervised process where the assets in an estate are managed and distributed. The California probate process can be confusing, complicated, lengthy, and expensive given the court mandated probate fees. Our firm can help you initiate this process after the death of a loved one and can guide you through every step of the process to ensure your interests will be protected.
Disputes can often arise in the administration of an estate, especially when there is there is an emotionally-charged family dispute or an estate with a high net worth. These disputes can arise between beneficiaries, trustees, fiduciaries, or third parties. At the Law Offices of Philip L. Hummel, IV, we take the time to understand each family’s unique history and dynamic to provide our clients with the highest level of service. Our attorneys have a deep understanding of the unique nature of trust and estate law and are committed to advocating for a favorable resolution for our clients.