Search results
2 days ago · The testator also designates an executor, who is in charge of carrying out the directions of the will. With a will, the testator can also designate parental guardians for any children they leave behind, outline funeral wishes, and leave instructions regarding how and when their heirs may receive their inheritance.
2 days ago · Clear distribution of assets.A will enables the testator to specify exactly how their assets should be distributed after death. This way, you minimize potential conflicts among family members regarding property distribution and ensure the testator's property and possessions go to the individuals or organizations they choose rather than being divided according to state laws.
1 day ago · An estate plan is a series of legal documents related to the wishes of the creator. For example, a will is a legal document that outlines how assets should be divided upon the testator’s death. Estate plans also typically contain trusts, powers of attorney, letters of instruction and much more. Nonetheless, documents are only one.
1 day ago · An executor is a person chosen in a Will to administer the estate of someone who has died. An executor does not need any special training or legal knowledge. They must be someone trustworthy who the person making the Will (the ‘testator’) believes has the right skills to deal with things properly.
2 days ago · The will must be in writing. The testator must sign it or someone else in their presence and at their direction. Two witnesses must be present simultaneously and sign the will, confirming they witnessed the testator signing or acknowledging the will. Failure to meet these requirements can render a will invalid.
2 days ago · Responsible for guiding the testator, they ensure a comprehensive understanding of how the trust functions. Not only do they navigate complex legal guidelines, but they also advise on setting clear objectives for the trust, considering potential tax implications, and assigning trustees and beneficiaries. Drawing the Trust Documents
3 days ago · Step-by-Step Guide to Contesting a Will. 1. Seek Legal Advice. The first step in contesting a will is to consult with an experienced probate or estate attorney. They can provide guidance tailored to your specific situation and help you understand the strength of your case. 2. Gather Evidence.
