But I Don't Have A Lot of Money!
But you may be thinking, "I don't have an estate" that sounds like a lot of money! Well, If you have things, you have an estate. And without a plan, your family could lose everything. How do you cover yourself? If you don't have a lot of money, there are still legal documents that you need to have in place such as a Financial Power of Attorney and a Healthcare POA; These are 2 legal documents that every adult needs to have in place.
If You Do Have Some Money- in California that Means $100,000 in Personal Assets or $30,000 in Real Estate
If you do have some money- here in California that means if you have $100,000 in assets, OR if you own real property over $30,000, like your house, then the best way to protect your money after you die is to have a living trust in place. That is what's going to make it as easy as possible for the people you love to take care of things after you die.