Situated on the Central Coast of California, the city of San Luis Obispo is rapidly becoming a popular tourist destination for its historic architecture and vineyards. The city serves as the county seat for San Luis Obispo County and is renowned for being home to California’s Polytechnic State University. The many attractions of the city have drawn in a large senior population. In fact, the 2020 census revealed that around 20.9% of people in San Luis Obispo County are aged 65 years or older.
With so many residents over the age of 65, it’s clear many San Luis Obispo residents already have an existing estate plan or are in need of one. Today’s landscape is ever-changing it seems, so having a comprehensive integrated estate plan is essential when protecting and preserving generational wealth. To speak to a qualified estate planning attorney today, call Botti & Morison Estate Planning Attorneys, Ltd..
San Luis Obispo Probate and Estates Lawyer | San Luis Obispo County
With over 60 years of experience in the field crafting customized integrated estate plans, the attorneys at Botti & Morison Estate Planning Attorneys, Ltd. are experienced in all matters related to estate planning and probate. Our legal team is dedicated to assisting clients throughout every step of the process; whether that’s drafting a will or establishing a Charitable Remainder Trust, our lawyers are here to assist you.
Call Botti & Morison Estate Planning Attorneys, Ltd. today at (877) 585-1885 or submit an online contact form to set up your first consultation. Botti & Morison Estate Planning Attorneys, Ltd. has an office in San Luis Obispo and accepts clients throughout the state of California including San Luis Obispo County cities such as Pasco Robles, Pismo Beach, Morro Bay, Arroyo Grande, Atascadero, Avila Beach, and Baywood-Los Osos.
- Do I need an Estate Planning Lawyer
- San Luis Obispo Probate and Estate Planning Resources
- Probate, Trust, and Estate Planning Resources in California
Do I Need an Estate Planning Lawyer?
It’s a popular misconception that only the “rich” are required to have an estate plan. In reality, everyone, no matter their age, should have an established estate plan that fits their needs. Without one, the decedent’s family will be obligated to settle their loved one’s affairs in probate court. This is a series of court-supervised proceedings where all the decedent’s assets are retitled and transferred to the appropriate beneficiary. If the decedent has not even a will, then their estate will be subject to State intestacy laws, which could go against their final wishes. Plus, the cost of probate for the decedent’s family can be extraordinarily high. The majority of people who undergo intestate succession state they wish the decedent had been more forward thinking with their estate planning.
Probate can be avoided with the help of an experienced estate planning lawyer. With their vast knowledge on California’s probate and trust law, an estate planning lawyer can utilize various estate planning instruments such as a revocable trust to sidestep probate altogether. They can even appoint a trusted health care or financial “agent” in the event the decedent is incapacitated by utilizing an Advance Health Care Directive and/or Durable Financial Power of Attorney. This “agent” will ensure their end-of-life wishes are followed without intervention from medical staff or family. That way the individual’s family does not have to petition probate for Conservatorship in order to make critical financial and/or healthcare decisions on their behalf.
For some, probate administration is the best option if they have a smaller estate. An estate planning attorney can assist with all aspects of probating one’s estate so they can ensure the decedent’s wishes are followed to the very end. If the individual has a trust instead, then their estate planning lawyer can provide assistance with trust administration duties. In some cases, litigation may be necessary to solve a probate or trust administration dispute such as feuding co-trustees or contesting a holographic will.
People who have a high net worth and a multitude of assets may need to implement a more multi-layered approach by using advanced estate planning instruments. Often, this requires the help of an experienced estate planning lawyer as crafting and filing these documents can be quite a complex process.
As you can see, there’s a multitude of reasons why you may need a San Luis Obispo estate planning lawyer to assist you. Listed below are some services we offer:
- Estate Planning
- Probate/Trust Administration
- Advanced Estate Planning
- Elder Law
- Updating or Modifying an Existing Estate Plan
San Luis Obispo CA Resources
Probate | San Luis Obispo County Court – Visit the official website for San Luis Obispo County Courts to learn more about their probate division. Access the site to request forms, look at their conservator’s handbook, probate appeals information, and other important material.
San Luis Obispo Probate Civil Fees – Visit the official website to see the fees required to go through probate. Access the site to compare the costs of probate, calculate what it may cost in the end, and other important information.
San Luis Obispo County Senior Misinformation Guide – Visit the Area Agency on Aging site to view their pamphlet titled the “Senior Misinformation Guide,” a comprehensive how-to on services provided to seniors and their caregivers in the county. Access the pamphlet to learn more about their programs for financial matters, long-term care, veterans’ services, and more.
Commission on Aging | San Luis Obispo County – Visit the official website for San Luis Obispo County to learn more about their Commission on Aging. Access the site to view their yearly Vulnerable Seniors presentation, who serves on the Commission, their annual reports, and what’s on the upcoming agenda/minutes.
Probate Laws in California— Visit the official website for California’s Legislative Information to learn more about their statutes in regard to probate and trust law. Access the site to learn more about how probate works, what’s required to petition for probate, how to become an executor, administrator, or trustee of an estate, and other important information.
Medi-Cal Providers – Visit the official website for California’s Medi-Cal program. Access the site to learn what the program entails, how to qualify for benefits, what is exempt vs. non-exempt property, various self-help resources, and how to get in contact with the program.
Handbook for Conservators – All aspiring conservators are required to have and follow a document known as the “Handbook for Conservators.” Access the site to learn about the various types of conservatorships, how to qualify, your duties as a conservator, and more.
San Luis Obispo Estate Planning Lawyer | California
If you’re in need of a estate planning professional, contact Botti & Morison Estate Planning Attorneys, Ltd.. Our attorneys share over 60 years of collective experience and will work diligently to ensure your assets and wealth are protected. Set up your first consultation with Botti & Morison Estate Planning Attorneys, Ltd. by calling our offices at (877) 585-1885 or submitting an online contact form.
Call Botti & Morison Estate Planning Attorneys, Ltd. today at (877) 585-1885 to set up your first consultation. Botti & Morison Estate Planning Attorneys, Ltd. has offices in San Luis Obispo, but that’s not our only location. We also have established offices in Valencia, Westlake Village, Santa Barbara, Bakersfield, and Ventura.