12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

What is a Last Will and Testament in Zip Code 86401

What is a Last Will and Testament in Zip Code 86401

A Last Will and Testament is the first building block of a good estate plan. Estate planning is the process by which an individual or family arranges the transfer of assets in anticipation of death.

Option 1: Will-Based Estate Plan

All essential details of your Last Will and Testament will be outlined in the will-based estate plan. It will provide information including the person to be put in charge of settling your final affairs (the executor), the persons who will inherit your property (beneficiaries), and the provisions on how they will inherit it. Your last will and testament with a will-based estate plan will cover the following:

1. Who will serve as the personal representative/executor

2. What powers your personal representative/executor will have

3. Who will inherit your property

4. How and when your property will ultimately be transferred to your beneficiaries

5. Who will serve as guardian of your minor children until they become adults


Option 2: Trust-Based Estate Plan

In the trust-based estate plan a document called a revocable Living Trust will cover all the important points listed above in the will-based estate plan with one exception: the person in charge of settling your final affairs after you die is called an administrative or successor trustee instead of an executor. If you have a revocable living trust you will still need a Last Will and Testament so. Ideally, you will fund or move your assets into your trust before you die. If you fail to fund even one asset into your trust, then the last will and testament will be the necessary document that will "catch" the unfunded property and transfer it to your trust after you die. The last will and testament in this case will function as a pour over will that will cause the unfunded assets to "pour over" into your trust through a probate process.


A pour over will needs to cover:

1. Who will be in charge of your assets that were not funded into your trust as the personal representative/executor

2. What powers your personal representative/executor will have

3. Who will serve as guardian of your minor children until they become adults

4. What will happen in the absence of a Last Will and Testament?


In order for your property to go to the beneficiary of your choice after you are gone, a Last Will and Testament is recommended.


The absence of a will could result in the state providing a last will and testament on your behalf under the state's intestacy law. The laws of the state that your property is located in will prevail. This can get complicated if you own property in multiple states.

 
Personalize & Print a Free AZ Last Will Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Related Legal Services near Zip Code 86401
Wickland J Scott
1921 Motor Ave Unit A
Kingman, AZ 86401
(928) 718-8888
Personal Injury Law Attorneys, Attorneys
E C Sears Law Offices
3225 Kiersten Ave
Kingman, AZ 86401
(928) 753-7100
Attorneys
Shawn B Hamp Law Offices Pc
400 E Andy Devine Ave
Kingman, AZ 86401
(928) 753-6868
Divorce Attorneys, Attorneys, Criminal Law Attorneys, Family Law Attorneys
Shawn B Hamp PC The
310 E Oak St
Kingman, AZ 86401
(928) 753-6868
Criminal Law Attorneys,  Divorce Attorneys,  DUI & DWI Attorneys,  Family Law Attorneys,  Traffic La
Levenbaum & Cohen
2601 N Stockton Hill Rd
Kingman, AZ 86401
(928) 753-6352
Attorneys
Bruno Lee E
730 E Beale St
Kingman, AZ 86401
(928) 753-6115
Attorneys, Probate Law Attorneys, Wills, Trusts & Estate Planning Attorneys, Corporation & Partnersh
Goldberg Jeffrey A
730 E Beale St
Kingman, AZ 86401
(928) 753-6115
Attorneys,  Probate Law Attorneys,  Wills, Trusts & Estate Planning Attorneys,  Corporation & Partn
Engan Eric J
400 E Andy Devine Ave
Kingman, AZ 86401
(928) 718-6006
Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,  Divorce Attorneys,  DUI & DWI Attorneys
Sutherland Law Firm
722 E Beale St
Kingman, AZ 86401
(928) 753-6000
Attorneys
Mohave County Paralegal Svc
407 E Beale St
Kingman, AZ 86401
(928) 692-5535
Paralegals
Lee Stephen M
2001 N Stockton Hill Rd Ste B
Kingman, AZ 86401
(928) 753-5363
Business Law Attorneys,  Attorneys,  Wills, Trusts & Estate Planning Attorneys,  Corporation & Part
Phillips & Lyon
1916 Lucille Ave # B
Kingman, AZ 86401
(928) 753-5297
Attorneys,  Accident & Property Damage Attorneys,  Legal Service Plans,  Personal Injury Law Attorne
Whitney & Whitney P
2116 N Stockton Hill Rd Ste B
Kingman, AZ 86401
(928) 753-5295
Attorneys
Michael Reddig
820 E Beale St
Kingman, AZ 86401
(800) 752-3344
General Practice Attorneys, Attorneys, Legal Service Plans
Sipe Jr Billy K
2606 N Stockton Hill Rd Ste B
Kingman, AZ 86401
(928) 718-3333
Attorneys,  Criminal Law Attorneys,  General Practice Attorneys,  Legal Service Plans
Sippel Law Firm PLLC
707 E Beale St
Kingman, AZ 86401
(928) 753-2889
Attorneys,  Family Law Attorneys,  Wills, Trusts & Estate Planning Attorneys,  Real Estate Attorney
Wisniewski Robert E
2601 N Stockton Hill Rd
Kingman, AZ 86401
(928) 753-2300
Attorneys, Legal Service Plans
LACY LAW PLLC, Attorney-at-Law
2116 N. Stockton Hill Rd., #G
Kingman, AZ 86401
(928) 718-2211
Attorneys
Porter William C
1212 E Andy Devine Ave # 101
Kingman, AZ 86401
(928) 753-2183
Criminal Law Attorneys, Attorneys, Legal Service Plans
Penn William
519 Hall St
Kingman, AZ 86401
(928) 753-1830
Social Security & Disability Law Attorneys,  Insurance Attorneys,  Personal Injury Law Attorneys,  A
Novak Lee
212 N 4th St Ste 2
Kingman, AZ 86401
(928) 718-1700
Attorneys,  Criminal Law Attorneys,  Domestic Violence Attorneys,  Drug Charges Attorneys
Kirkland William
2195 Pawnee Dr
Kingman, AZ 86401
(928) 753-1693
Attorneys
Thomas E Price PC
501 E Oak St
Kingman, AZ 86401
(928) 753-1112
Attorneys
Knochel Law Offices, P.C.
2815 E Andy Devine Ave
Kingman, AZ 86401
(928) 444-1000
Attorneys, Criminal Law Attorneys, Family Law Attorneys, Personal Injury Law Attorneys, Legal Servic
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US