GLBT Life-Partners Things to Know About Estate Planning

If it’s crucial for many people to have all of their estate planning documents in place ahead of something disastrous happens. It is even more crucial for members of the gay, lesbian, bisexual, and transgender community. This is because different states have different laws about GLBT life-partnerships. These laws can change your end-of-life financial and

probate, estate planning, living trust, trusts, bankruptcy

If it’s crucial for many people to have all of their estate planning documents in place ahead of something disastrous happens. It is even more crucial for members of the gay, lesbian, bisexual, and transgender community. This is because different states have different laws about GLBT life-partnerships. These laws can change your end-of-life financial and medical directives as well as who will get your estate. You should speak to San Diego Estate Planning Lawyer. today to be aware of the laws in your state and prepare your important documents.

If you die without a Will, your assets will normally go to your closest living relative under your states laws of intestate succession. For straight people, this often means that a spouse gets most of the estate’s assets.

However, not all states will treat GLBT life-partners as a spouse in this case. Thus, if you want your partner to receive an inheritance from you, it is necessary that you say so particularly in a Will or a Trust. Do not count on current laws in your state that protect life-partners in civil unions. However, in today’s political climate, civil union laws are subject to change.

You will also wish San Diego Estate Planning Attorneys if you want to appoint a life-partner as the person to make medical choices if you are unable of doing so. This will make sure that doctors and hospitals respect your wishes. Don’t wait until something happens to start making plans.

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