If you do not have a will, make a plan to write your own will or hire an attorney now to create one for you.
A will is part of a total estate plan. All of us have an estate. Here are the parts and steps needed as part of estate planning.
1) Prepare a will. If there is no will, the courts will decide who gets your possessions.
2) Gather important documents which are tied to your estate. Deeds, trusts, stocks, etc.
3) Consider using estate planning software to create your legal will. Have an attorney review your finished documents.
4) Have your will notarized and witnessed by the appropriate number of witnesses for your state.
5) Regularly review your estate plan for changes such as the inclusion of later children, the death of a recipient, divorce or other legal changes in status.
6) Make a list of assets and liabilities.
7) Name an executor who will oversee your legal will after your demise.
8) Choose a guardian for your children.
9) Have a signed copy of your legal will. Keep other copies on hand as well.
10) Review your estate plan every few years.
11) Keep your insurance policies available to all after your death. Avoid delays opening safe deposit boxes.
12) Verify the type of joint ownership you have on your property.
Showing posts with label estate planning. Show all posts
Showing posts with label estate planning. Show all posts
Friday
California Probate Attorneys
What do California Probate Attorneys do?
If you live in California and need a will, trust or probate law services, then you need a probate attorney who is licensed in California.
Why?
First, whether you need a probate attorney in California, Texas or Alaska, proper estate planning is crucial. Estate planning protects your assets and provides for your loved ones and charitable endeavors after your demise.
California has a very particular set of probate laws and requirements. For instance, did you know the probate fees simply for filing in California may depend upon the value of your estate?
Or what will your loved ones do if after your demise, your will is contested in California court? Who will represent them and you and work to carry out your wishes in the manner you prescribed in your last will and testament?
Having a competent and licensed probate attorney to handle your final wishes or create a trust and protect you and your assets from court proceedings and unnecessary taxes is mandatory and good common sense.
How do you find a good probate attorney in California?
The California State Bar Association has a referral program and list of suggestions available on their website. Another resource on California probate law can be found here.
Also, you can check your phone directory, but verify that the probate attorney you select is licensed and certified in probate law, trusts, wills and estate planning before making your decision.
If you live in California and need a will, trust or probate law services, then you need a probate attorney who is licensed in California.
Why?
First, whether you need a probate attorney in California, Texas or Alaska, proper estate planning is crucial. Estate planning protects your assets and provides for your loved ones and charitable endeavors after your demise.
California has a very particular set of probate laws and requirements. For instance, did you know the probate fees simply for filing in California may depend upon the value of your estate?
Or what will your loved ones do if after your demise, your will is contested in California court? Who will represent them and you and work to carry out your wishes in the manner you prescribed in your last will and testament?
Having a competent and licensed probate attorney to handle your final wishes or create a trust and protect you and your assets from court proceedings and unnecessary taxes is mandatory and good common sense.
How do you find a good probate attorney in California?
The California State Bar Association has a referral program and list of suggestions available on their website. Another resource on California probate law can be found here.
Also, you can check your phone directory, but verify that the probate attorney you select is licensed and certified in probate law, trusts, wills and estate planning before making your decision.
Monday
Estate Planning
Don't let the term estate planning intimidate you. First, an estate merely describes personal assets including a home and money. All of us have an estate according to the law and it is important that you have a legal will.
Your estate may consist of assets such as your home, car, recreational vehicle or watercraft, boat, furniture, art and antiques, investments, savings, checking accounts and retirement funds.
Are you aware of how many possessions you have and their value or will you wait until your passing and leave that task to your heirs? At that time, your loved ones and survivors will be faced with the task of deciding what to do with your possessions and how to distribute them according to the will and whim of the court. Estate planning allows you to create the neccessary legal documents and procedures to determine ahead of time how best to handle your worldly possessions upon our death.
Estate Planning starts today. Get a legal will!
Your estate may consist of assets such as your home, car, recreational vehicle or watercraft, boat, furniture, art and antiques, investments, savings, checking accounts and retirement funds.
Are you aware of how many possessions you have and their value or will you wait until your passing and leave that task to your heirs? At that time, your loved ones and survivors will be faced with the task of deciding what to do with your possessions and how to distribute them according to the will and whim of the court. Estate planning allows you to create the neccessary legal documents and procedures to determine ahead of time how best to handle your worldly possessions upon our death.
Estate Planning starts today. Get a legal will!
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