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 96059

What is a Last Will and Testament in Zip Code 96059

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 CA 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 96059
Full Service Evictions
1130 1st St Ste 215
Napa, CA 94559
(707) 253-9497
Attorneys, Eviction Service, Landlord & Tenant Attorneys
Anderson James R Law Office
230 Main St
Nevada City, CA 95959
(530) 265-9479
Attorneys,  Mediation Services,  Family Law Attorneys,  Arbitration Services,  Arbitration & Mediati
Loizeaux Christopher
587 Jefferson St
Napa, CA 94559
(707) 224-9209
Attorneys
Gaw Van Male
1000 Main St
Napa, CA 94559
(707) 252-9000
Divorce Assistance,  Attorneys,  Probate Law Attorneys,  Real Estate Attorneys,  Wills, Trusts & Es
James Butler Law Office
11908 Casci Ridge Rd
Nevada City, CA 95959
(530) 470-9000
Accident & Property Damage Attorneys,  Personal Injury Law Attorneys,  Insurance Attorneys,  Attorne
Smith Douglas N
1207 Coombs St
Napa, CA 94559
(707) 257-8935
Divorce Assistance, Attorneys, Family Law Attorneys, Divorce Attorneys, General Practice Attorneys,
Dreskin Anderson Naomi
1001 2nd St Ste: 345
Napa, CA 94559
(707) 252-8900
Attorneys, Nursing Home Litigation Attorneys
Burton Richard C
301 Broad St
Nevada City, CA 95959
(530) 265-8888
Divorce Attorneys,  Arbitration & Mediation Attorneys,  Attorneys,  Real Estate Attorneys,  Family L
Guyton Jeffrey P Esquire
305 Railroad Ave # 7
Nevada City, CA 95959
(530) 470-8871
Attorneys, General Practice Attorneys
Peter Bradley S Attorney & Counselor At Law
922 Marina Dr
Napa, CA 94559
(707) 253-8838
Attorneys
Sierra Mediation
138 New Mohawk Rd.
Nevada City, CA 95959
(530) 265-8785
Attorneys, Mediation Services, Arbitration & Mediation Attorneys
Foster Teresa Immigration Consultant
2180 Jefferson St
Napa, CA 94559
(707) 255-8666
Immigration Law Attorneys, Immigration & Naturalization Consultants, Attorneys
James V. Jones Law Offices
1564 1st St
Napa, CA 94559
(707) 252-8644
Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,  DUI & DWI Attorneys,  Personal Injury La
Munkelt Stephen A
206 Providence Mine Rd Suite 218
Nevada City, CA 95959
(530) 265-8508
Attorneys, Criminal Law Attorneys
Day Richard V
587 Jefferson St
Napa, CA 94559
(707) 253-8500
Bankruptcy Law Attorneys,  General Practice Attorneys,  Estate Planning Attorneys,  Bankruptcy Servi
Murphy Logan & Bardwell
2350 1st St
Napa, CA 94559
(707) 257-8100
Wills, Trusts & Estate Planning Attorneys,  Attorneys,  Family Law Attorneys,  Business Law Attorne
Matthew Bishop
1030 Seminary St
Napa, CA 94559
(707) 258-8090
General Practice Attorneys, Attorneys, Legal Service Plans
Zeller Robert H
929 Randolph St
Napa, CA 94559
(707) 509-8082
Attorneys
Elliott Joyce
1250 Main St
Napa, CA 94559
(707) 255-8055
Attorneys,  Child Custody Attorneys,  Family Law Attorneys,  Divorce Attorneys
Lewis & Blevans Llp
1005 Coombs St
Napa, CA 94559
(707) 226-8009
Divorce Attorneys, Family Law Attorneys, Attorneys
Goodman Grace
1114 Franklin St
Napa, CA 94559
(707) 253-8005
Attorneys, Legal Service Plans
Ellen York
822 Brown St
Napa, CA 94559
(707) 224-7971
Attorneys, Probate Law Attorneys, Wills, Trusts & Estate Planning Attorneys
York & York
822 Brown St
Napa, CA 94559
(707) 224-7971
Estate Planning Attorneys, Attorneys
Richert Scott
505 Coyote St
Nevada City, CA 95959
(530) 265-7800
Small Business Attorneys, Business Law Attorneys, Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US