Absent a power of attorney,a court may be left to decide what happens to your assets if you are found to be mentally incompetent,and the court’s decision may not be what you wanted
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This transfer does not require probate.
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If they aren’t,a court may end up getting involved in the matter.
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But if you die a second after midnight,$4 countless that will go through a 55% federal levy steveblisslaw com (858) 278-2800 Trust Lawyer If you don’t Firmally make decisions about who inherits your assets,your state will make them for you based on its laws,which may not reflect your wishes.
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These documents must be prepared in accordance with the suitable state rules and should abide by the Federal Health Insurance Portability and Accountability Act of 1996 or HIPAA steveblisslaw com Estate Planning Attorney I passed the CPA examination in Massachusetts in 1985 but am not licensed as a CPA in California.
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