Estate Planning
Estate Planning
Mika Domingo is an experienced trust and estates attorney, with a passion for helping others. She is a former Deputy Attorney General with the U.S. Department of Justice, and has appeared at state, appellate, and federal courts. She has seen first-hand the financial and emotional damage that occurs to families when end-of-life decisions aren’t clear, when estate disputes occur, and when an estate is thrown into probate.
Mika’s approach is a rare combination of personalized, caring service and excellence in the practice of law. In years 2018-2023, Mika was selected as a Super Lawyer Rising Star, an honor bestowed upon the top 2.5% of attorneys. In 2024, she was selected as a Super Lawyer. She also holds an Avvo “Superb” rating (a perfect 10 out of 10). You won’t find another law firm combining personalized service and Estate planning experience at the rates offered by M.S. Domingo Law Group, P.C. Contact us today to discuss your situation.
What is Estate Planning?
Estate planning memorializes who manages your personal, health and financial affairs, during times of incapacity or death and how your assets will be distributed, at your death. M.S. Domingo Law Group, P.C. will work closely with you to ensure all affairs are handled with precision and with the utmost of care in preparing your Will, Durable Power of Attorney, Advanced Health Care Directive and Living Trust.
Mika will guide you through the process of Estate Planning, efficiently and effectively, to determine your goals to giving you peace of mind, control, privacy, and to avoid probate. She is committed to helping you plan and preserve your legacy, with sensitivity to your needs, while keeping in mind the latest changes to the laws and the most practical ideas for document drafting.
Wills
A Last Will and Testament is critical in helping protect your family and your property upon death. M.S. Domingo Law Group, P.C. will assist in drafting the Testamentary document, according to California laws, and in selecting a trustworthy Executor, to ensure that your wishes are carried out after death. Having a will in place allows for peace of mind, avoiding or minimizing probate and takes effect immediately upon a person’s death.
Durable Power of Attorney
A Durable Power of Attorney authorizes another party to act on your behalf in your day-to-day financial decision making matters and grants them permission to receive your confidential information. The Durable Power of Attorney is in effect when the principal party, the party authorizing the power of attorney, chooses to enact the power of attorney agreement. The agreement terminates upon death, of the principal party, or when the principal party decides to end the agreement. It is useful during physical injury or illness or in the event of incapacitation.
Advanced Health Care Directive
An Advanced Care Directive is a legal document that lets your doctors, family and friends know your medical and health care preferences, if and when you are unable to make decisions or speak for yourself, during illness or incapacity. It is an important mechanism for avoiding any possible confusion and for preserving your needs in a time of health scare or difficulty. Advanced Directives are a way to make your voice heard even when you are unable to communicate. They go into effect upon your doctor’s diagnosis and evaluation. Given their delicate nature, you can rest assured M.S. Domingo Law Group, P.C. has the skill and experience needed to provide assistance and sound advice.
Living Trust
A Living Trust allows for all assets, including your home, bank account and stocks, to be placed in a trust and administered for your benefit, during your lifetime, and transferred to beneficiaries, upon death. A living trust is a critical part of your estate plan. According to the California State Bar, your living trust agreement:
- Gives the trustee the legal right to manage and control the assets held in your trust.
- Instructs the trustee to manage the trust’s assets for your benefit during your lifetime.
- Names the beneficiaries (persons or charitable organizations) who are to receive your trust’s assets when you die.
- Gives guidance and certain powers and authority to the trustee to manage and distribute your trust’s assets. The trustee is a fiduciary, which means he or she holds a position of trust and confidence and is subject to strict responsibilities and very high standards. For example, the trustee cannot use your trust’s assets for his or her own personal use or benefit without your explicit permission. Instead, the trustee must hold and use trust assets solely for the benefit of the trust’s beneficiaries.
Contact us to schedule your consultation today!