Elk Grove Wills Lawyers Making the Wills Process a Breeze!
At Cava and Faulkner, we understand that the process of creating a will can be daunting. You may have many questions about what you can and cannot include in your will, how to make your will legal, and what happens if you die without a will. Our team of skilled wills lawyers is here to answer all of your questions and help you create a legally binding document that accurately reflects your final wishes.
Many people end up passing away without a proper will in place. This can negatively impact their loved ones, who may have to go through the expensive and time-consuming process of probate in order to gain access to the deceased’s assets. A valid will can make the process of distributing your assets much smoother and easier for your loved ones, so it is important to make sure that yours is up-to-date and reflects your wishes. If you are interested in creating or updating your will, please contact Cava and Faulkner today for assistance. For a free consultation, call our California estate planning law firm at 916-685-1225 to get started.
What is a Will?
A will is a legal document that sets out a person’s wishes for what should happen to their property after they die. It can be a simple document or can be quite complex, depending on the person’s circumstances. One of the most important things to remember when creating a will is to appoint an executor. This is the person who will be responsible for carrying out the wishes of the deceased and can be a relative, friend, or lawyer.
Another important thing to remember is to make sure your will is up-to-date. Things can change over time, such as relationships and property ownership, so it’s important to review your will regularly and make any necessary changes. If you don’t have a will, or your will is out of date, then your property will be distributed according to the laws of intestacy. This may not be what you want, so it’s important to take care of your estate planning and have a valid will in place.
Are Wills the Most Important Part of an Estate Plan?
Most people believe that a will is the most important part of an estate plan. However, this isn’t always the case. While a will can be an important tool in estate planning, there are other things to consider as well.
For example, if you have minor children, you’ll want to make sure that they are taken care of in the event of your death. This means having a guardianship plan in place. A will can help with this by appointing a guardian for your children, but it’s not the only thing to consider.
You’ll also want to think about what will happen to your assets after you die. If you have specific wishes for how your assets should be distributed, a will can be very helpful. However, there are other ways to ensure that your assets are distributed according to your wishes. Trusts, for example, can be used to control how and when your assets are distributed.
In short, a will is just one part of an estate plan. There are other things to consider as well, such as guardianship plans and trusts. If you have specific wishes for how you want your assets to be distributed, you’ll need to make sure that all of your bases are covered. An experienced California estate planning attorney can help you create a comprehensive estate plan that meets your needs.
What Type Of Will is Right For Me?
There are four types of wills that you can choose from, depending on your needs.
- Simple Will -> This type of will is best for people with few assets and no children. A simple will outlines how you would like your belongings to be distributed after you die.
- Joint Will -> A joint will is created by two people, typically a married couple. This type of will goes into effect when the first person dies, and cannot be changed without the consent of both parties.
- Living Will -> A living will is a document that outlines your wishes for medical treatment in the event that you are unable to communicate them yourself. This can be used in conjunction with a Durable Power of Attorney for Healthcare.
- Testamentary Trust Will -> This type of will is best for people with minor children or special needs. A testamentary trust will allows you to designate a trustee to manage assets on behalf of your beneficiaries.
You should consult with one of our attorneys to determine which type of will is right for you and your family.
How Can a Wills Attorney Help?
If you’re thinking about drafting a will you should speak with an experienced wills attorney. An experienced wills attorney can answer your questions and help ensure that your rights are protected. There are a few things that a wills attorney can do for you:
- Draft or review your will: A big part of what a wills attorney does is help people draft their wills. If you already have a will, a wills attorney can review it to make sure that it’s valid and that it accurately reflects your wishes.
- Update a will: If your circumstances have changed since you last had your will updated, a wills attorney can help you make the necessary changes.
- Help with probate: If you pass away and your will needs to go through probate, a wills attorney can help. They can assist with the paperwork and represent your interests in court.
- Advise on estate planning: A wills attorney can advise you on all aspects of estate planning, including how to best protect your assets and minimize taxes.
If you’re thinking about drafting a will or need to update an existing one, contact our experienced wills lawyers in California today!
Call Our Elk Grove Wills Lawyers Today!
At Cava and Faulkner, we understand the importance of estate planning and we are here to help you every step of the way. We will work with you to determine what type of will is right for you and your family and ensure that your rights are protected. To get the estate planning services you need, contact Cava and Faulkner today at 916-685-1225 and get started.