LGBTQ Estate Planning

Assisting the LGBTQ community plan their estate
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LGBTQ Estate Planning  Attorney In Monterey, California

What Is A Conservatorship?

Our law firm is very receptive to members of the LGBTQ community. Estate planning has traditionally been especially important for same-sex couples that could not get legally married. Now that these unions are recognized on the state level and the federal level, all married couples enjoy the same rights. However, estate planning is important for everyone, regardless of sexual orientation.


If you are married, you still need an estate plan. There are many different things to take into consideration, and there are multiple options available to you with regard to an asset transfer vehicle. You should explore them thoroughly so that you can provide for the people on your inheritance list in the optimal manner.


Of course, estate planning is a must for single gender and sexual minority group members as well. As we have touched upon, a last will is not the only choice when it comes to the facilitation of postmortem asset transfers. A will must be admitted to probate, and this process is costly and time-consuming. It also opens a window of opportunity for anyone that may want to challenge the terms of the will.


When you understand the facts, you may find that a revocable living trust is a better solution. If you establish a living trust, you can act as the trustee and the beneficiary throughout your life. You name successors to assume these roles after you pass away. When the time comes, the successor trustee would distribute assets that are in the trust to the successor beneficiary or beneficiaries in accordance with your wishes. The probate process would not enter the picture.

Contact John D. Laughton, A Professional Law Corporation to schedule a consultation with a lawyer today. 831-649-1122

Incapacity Planning

A solid estate plan will include an end-of-life component that addresses the possibility of latter life incapacity. In some cases, physicians can keep a patient alive through the utilization of artificial life-sustaining measures, even if there is no hope of recovery. You may or may not want to be kept alive if you are ever in this situation, and you can state your wishes in a legally binding manner if you execute a living will.

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In addition to a living will, there is another advance directive for health care that is recommended called a durable power of attorney. A living will is all about the matter of life-support utilization or lack thereof, but other types of medical decisions can present themselves. The agent that is chosen in a durable power of attorney for health care would be empowered to make medical decisions on your behalf in the event of your incapacitation.


To account for financial decision-making, you can also add a durable financial power of attorney. You can name the same person to act as the decision-maker in both capacities, or you could name two different respective agents. Getting back to the value of a revocable living trust, if you do establish a trust, you could empower a disability trustee to act as the administrator if you become unable to make sound decisions on your own.


If you are an LGBTQ community member, our doors are wide open if you are ready to put an estate plan in place. To schedule a consultation, call us right now 831-649-1122 or click the button to send us a message electronically.

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LGBTQ Resources

  • SAGE

    SAGE

    SAGE is the country’s largest and oldest organization dedicated to improving the lives of LGBT older people. Founded in 1978 and headquartered in New York City, SAGE is a national organization that offers supportive services and consumer resources to LGBT older people and their caregivers.

  • The National Resource Center on LGBT Aging

    The National Resource Center on LGBT Aging

    The National Resource Center on LGBT Aging is the country’s first and only technical assistance resource center aimed at improving the quality of services and supports offered to lesbian, gay, bisexual and/or transgender older adults.

  • Human Rights Campaign (HRC)

    Human Rights Campaign (HRC)

    The Human Rights Campaign is America’s largest civil rights organization working to achieve gay, lesbian, bisexual and transgender equality. By inspiring and engaging all Americans, HRC strives to end discrimination against LGBTQ citizens and realize a nation that achieves fundamental fairness and equality for all.

  • The Advocate

    The Advocate

    The Advocate is a US-based national gay and lesbian newsmagazine. It includes the GSK pride guide, forums, and links related to articles.

  • GLAAD

    GLAAD

    GLAAD is a non-profit organization, that’s been at the forefront of cultural change and acceptance for the LGBTQ community for over 30 years.

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