Contemplating how one’s assets will be distributed after death may not be enjoyable, but it is most definitely necessary. For LGBT couples, the time spent preparing wills and trusts now will save untold heartache down the road. The Gay Family Law Center will guide you through what can be a complex and confusing process so that you can ensure that your loved ones are cared for.
Wills and trusts are two sides of the same coin. A will expresses your wishes regarding who will inherit your money and property, who will care for your children, and who will oversee the distribution of your assets. A living trust is a financial planning tool that is used prior to your death, while a trust created through a will sets out conditions for and limitations on assets bequeathed to another.
For LGBT couples, a gay will is critical to ensuring that assets are distributed as you wish. Because statutory law and caselaw surrounding same-sex relationships are continually and rapidly evolving, a will is an essential insurance policy. For example, if you marry in California, move to a state where your marriage is not recognized, and die without a will, your spouse may not have any rights to your property. Similarly, a will can prevent disapproving blood relatives from gaining control of your assets.
A living trust can also smooth the way for your survivors to have financial security. Essentially, a living trust is an almost certain way to avoid probate for assets like bank accounts, real estate, and valuable personal property. The Gay Family Law Center has extensive experience in helping LGBT couples set up revocable living trusts that protect you and your family today and in the future.
Just like families, family challenges come in all shapes and sizes. Some are universal, while others are specific to the LGBT experience. Some LGBT family law issues are straightforward and easily managed, while others are complicated and arduous. At the Gay Family Law Center, we understand that family law isn’t a one-size-fits-all proposition.
The Gay Family Law Center has an unparalleled depth and breadth of knowledge in LGBT wills and trusts. And, because we exclusively serve the LGBT community in Los Angeles and surrounding areas, we understand your concerns and honor your unique experience. Our family attorneys have deep expertise in LGBT family law and an unwavering commitment to achieve the best outcome for you and your family.
If you’re part of the Greater Los Angeles LGBT community and are planning for your future, it’s crucial to get legal assistance from the Gay Family Law Center.
Remember, when it comes to LGBT family law, you deserve a firm that understands how the nuances of the law can impact you. You deserve a firm that stands by your side. You deserve the Gay Family Law Center.
Give us a call today at 855-LAW-LGBT (855-529-5428) for a free, no-obligation consultation.