What happens if you do not have a will or trust?
If you don't have a will or a trust and you become incapacitated, it will be necessary to go through a conservatorship. A conservatorship is where we go to court and a judge appoints someone to manage your financial affairs and your health care affairs. If you pass away without a will or a trust, that's known as intestacy. What that means is a probate judge will determine where your assets go and who manages that.
What happens if you do not have a will or trust? For more information: OC Elder Law, Navigating Families to Peace of Mind. 619 N. Harbor Blvd., Fullerton, CA 92832, (800) 220-4205 & 1185 Magnolia Ave. B, Corona, CA 92879, (951)264-5732. [email protected]. www.OCElderLaw.com