Planning ahead can always be beneficial. You can never be too prepared. Since accidents can happen every day that prove to be life-threatening, individuals should consider administering their estate plans. This can help to have a solid plan for their future property and assets. It may also be able to benefit their loved ones. To make sure that individuals have the proper care later in life, they can plan for a power of attorney. With these steps taken care of, it can ease those who are left behind.
When someone dies without a will, it can be hard for their family to know what to do with their estate. They may not know how the individual would have wanted their assets distributed or who they would have wanted to give their property to. By planning this out ahead of time, you can ease the worries of your loved ones after you pass.
What documents are involved in probate?
A will is a legal document that undergoes the probate process to prove that it is valid in the eyes of the court and can be used to plan for someone’s estate legally. When a will is made by someone before they die, they can outline who they want their possessions to go to and what possessions these beneficiaries will acquire from them. They may also choose an executor of their will to carry out remaining tasks for them. The executor is in charge of ensuring that the proper possessions are given to the right people as is outlined in the document. As an executor, they will have substantial responsibilities that require their cooperation during the probate process and after to distribute assets. Beneficiaries of a will are the individuals who are named in the document to receive an asset from the deceased person. If the individual who created the will was not healthy or lucid enough to decide the terms of the will, it may not be considered valid. Upon writing out the will, the individual will have to sign it and have two witnesses present to ensure the state of mind of the individual was clear and they were not convinced in any way.
Working with an experienced estate planning attorney, such as Jaci Feldman of the Woodland Hills, California, Law Office of Yacoba Ann Feldman, will ensure that you are taken care of when you need it most. Contact The Law Offices of Yacoba Ann Feldman to schedule a consultation today.