Starting an estate plan is a wise move for all California adults. They may already know that these plans have their uses, but they may not fully understand just how beneficial they can be. From their wills to their health care-related documents, individuals can reap many benefits for themselves and their families.
Digital assets are as important as physical assets in wills
Like most people, numerous California residents like living part of their lives online. They may take trips or spend time with family and want to post photos or anecdotes from the occasions on social media. They may also want to handle part of their professional and financial lives online by having access to bank accounts and other online portals. What they may not realize is that they are creating digital assets that likely need addressing in their wills.
If you haven't created a living will, now is the time to do so
Most people put off creating a last will or comprehensive estate plan for as long as they think they can. However, that delay leaves their family vulnerable to the whims of probate court in the future if something happens to them. It also makes them decide what medical actions you would want taken on your behalf in certain situations.
