While nobody likes to think about dying, it’s important to talk to your law firm San Jose about estate planning. Estate planning is the service that makes sure that your family recieves the inheritance that you leave for them in your will.
How can I make my Will Valid?
Your will must be written by you while you are mentally competent. Furthermore, 2 witnesses must be present when the will is signed and dated. Select a probate lawyer in California to help you write the will and witness it so that you can ensure that it is valid.
Who Functions as an Executor to My Will?
As long as a person is over the age of 18, and considered responsible, they can be nominated as an executor of a will. Your executor should be a trustworthy person who is capable of carrying out your wishes even if other people try to influence him or her to do something else.
Can I Change My Mind?
Speak to your San Jose lawyers right away if for any reason you want to change your will. Your lawyers can help you to make changes to the will and make a new, valid will. You can change your will any time as long as you are still mentally competent to do so.
How Long Does Probate Take?
The length of time that probate takes depends on whether your estate owes significant debts, how much property you have and what your final tax situation is like. Your law firm San Jose can advise you and your family as to how long probate is likely to take, but an average time period is around 8-12 months.
What is an alternative to a will?
Your San Jose lawyers can help you determine how to plan your estate. If you put funds into a living trust, life insurance policy or other alternatives to a will, it may not have to go through probate. Check with a probate lawyer in California about the best way to set up your estate so that your heirs can receive their inheritances quickly.
If there are many assets that need to be distributed, it is a wise move to speak with a lawyer as soon as possible. If you don’t have a will at the time of your death, California law will figure out who gets your assets, and this may not be in accordance with your wishes.