LOS ANGELES WILLS ATTORNEY
Protect your families future and talk with an estate planning attorney today.
Wajda Law Group can assist you in composing your will. Our estate planning attorneys in Los Angeles and Southern California are highly familiar with the proceedings in these jurisdictions. Also referred to as a Last Will and Testament, is a legal document in which you give specific instructions to be carried out after your death. For example, you may direct the distribution of your assets (your money and property), and give your choice of guardians for your children. It becomes irrevocable upon death but can be changed any time prior as long as the creator, called a testator, is of sound mind. In your will, you can name:
- Beneficiaries – This is the person(s) or place(s) you wish to receive your assets. You may name almost anyone or any group (family members, friends, spouse, domestic partner or charitable organizations, for example) as a beneficiary. Once this is done you may list specific gifts, such as jewelry or a certain sum of money, to be distributed to specific beneficiaries. Or, you can list all of your assets as a general gift to a specific beneficiary or class of beneficiaries (ie: your children).
- An Executor – This is the person(s) or institution that you will put in charge of collecting and managing your assets; paying any debts, expenses, and taxes that might be due; and then, with the court’s approval, distributing your assets to your beneficiaries according to the instructions in your will. Your executor serves a very important role and has significant responsibilities. It can be a time-consuming job. You should choose your executor carefully.
- A guardian for your minor children – You may nominate a person to be responsible for your child’s or children’s personal care if you and/or your spouse happen to pass on before a minor child turns eighteen. You may also name a guardian—who may or may not be the same person—to be responsible for managing any assets given to a child, until he or she reaches the age of eighteen.
A will is the basic starting point and something that EVERYONE should have in place. Keep in mind that a will is just part of the estate planning process. And whether your estate is large or small, you need a simple will in place to ensure your wishes are carried out, and your family is protected, beyond your lifetime.
Get started with a free consultation with Wajda Law Group today; lawyers helping clients in Los Angeles as well as throughout California with their estate planning needs.
ARE YOU READY TO GET PREPARED FOR YOUR FUTURE?
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Nicholas M. Wajda came highly recommend by Legal Zoom. After talking to him regarding my situation, I knew I could trust him. He listened and had a caring tone in his voice. My situation is now settled and I couldn't have done it without Nicholas Wajda help. I Highly recommend him. Ps. You can always get him on the phone. Great service.
It took a while to decide to file for bankruptcy. First I had a bad experience with an attorney who was incompetent. Once I found Mr. Wajda I knew I was in good hands. He was very polite and professional from the first time I called him. By the way he answers all his calls himself and returns calls promptly. He made everything go smoothly and in no time I got a discharge of my debts. I recommend him highly. Thank you Nick.
The best!!!! Very smooth transition the best of it was I was able to make monthly payments till I had it paid to start my BK-Chap 7 and then sent reminders to me for a payment what ever I was able to afford that month that helped me out so much that I was able to do the BK now When I would send a email with a question I got a fast response I just got my discharge and I'm very thankful to Michael for his understanding and for letting this entire ordeal be so smooth I highly recommend this firm
ARE YOU READY TO TAKE CONTROL OF YOUR DEBT AND MOVE TOWARD FINANCIAL INDEPENDENCE?
CHAPTER 7 AND 13
Turning to the more common chapters of bankruptcy, Chapters 7 is by far the most common bankruptcy chapter. A Chapters 7, or “fresh start,” bankruptcy is appropriate for individuals in need of help because they cannot afford to pay back their debt.
Chapter 13 bankruptcy is the second most common chapter for individuals. Chapter 13 permits a debtor to repay his or her debts over a period of three to five years. Chapter 13 bankruptcy can also be used to save a vehicle or a home if a debtor has fallen behind on payments. In certain situations, a Chapter 13 bankruptcy can even eliminate the junior mortgages on a property.
Contact us and we will work with you to determine what is right for you.
ESTATE PLANNING ENSURES THAT YOU AND YOUR FAMILY ARE PROTECTED.
LET'S GET STARTED PREPARING FOR YOUR FUTURE
An essential step in protecting you and your family’s future is to create an all-encompassing estate plan. Here at Wajda Law Group, we have the knowledge and experience to create such protection for you. Although discussing an estate plan is something most people do not want to think about, proper protections are necessary in nearly all situations, and planning early can save you and your loved ones valuable time and money in the future.
IT MIGHT BE TIME FOR YOU TO GET HELP.
WHEN SHOULD YOU HIRE A FORECLOSURE ATTORNEY?
When it comes to foreclosure, hiring an attorney early in the process helps ensure that you have more options available to you than what might be available later in the foreclosure process. For example, the lawyer can help you work out a deal with the lender that will allow you to stay in the home, or, if necessary, fight the foreclosure in court. If you wait too long, however, it might be too late to stop the process.
