Wills
A will by definition is a legal document declaring a person's wishes regarding the disposal of their property when they die. A wills probate on the other hand is the official form, which allows the executors of the will the right to deal with the assets and liabilities of the deceased person according to the will. However, not all wills demand a wills probate. In cases where the belongings of the deceased are less than $5000 or where the entire belongings were held in joint names, a wills probate is excused.
The popularity of wills and living trusts has grown manifold in the past years and many individuals choose this option to avoid any misunderstanding or misinterpretation of their will after their demise. While a will can be easily drawn up by an individual, a living trust is usually drafted by an estate attorney. Living trusts involve the grantor (who makes out the trust), the trustee (controller of assets) and the beneficiary. Living trusts are highly beneficial for those whose estates are valued at over 100,000 USD and thus they are no longer viewed as an option only for those who are extremely wealthy. Wills and living trusts do involve a fair amount of legal paper work because it is essential that they are foolproof and not easily challenged in the court of law at a later date.
Finding an attorney who can help draw up tight wills and livings trusts and assist in acquiring wills probate can be a gargantuan task. Most attorneys tend to wash their hands off the wills probate procedure since it does not entail a high fee for them. This implies that the executer of the will is left alone to go through all the paper work in the process leading to acquiring a wills probate. It is also important to employ an attorney who specializes in the estate x law of a State since estate laws differ from state to state.
Having drafted and executed various wills and living trusts and wills probates, Stacy H Bowmen is well placed to help clients in the complicated procedures related to wills and living trusts. We are completely open to continue a relationship with the client and ensure that the wills probate order is also obtained smoothly when it is needed by the appointed person. Our practicing attorney Stacy specializes in the various estate laws of California and will be able to guide you through the will making process keeping your best interests in mind.