Do I need a Will in California?
If you have been wondering “Do I need a Will in California?” The answer is yes! Whether you are single, married, have kids or own any amount of personal assets or property, you should have a will.
If there are no living relatives to lay claim to your property, it will be turned over to the state.
Should I create a Will or a Trust?
A trust is a legal relationship, usually evidenced by a written document called a “Declaration of Trust” or “Trust Agreement”, whereby one person, called the “Settlor”, transfers property to another person, called the “Trustee”, who holds the property for the benefit of another person, called the “Beneficiary”. The same person may occupy more than one position at a time. For example, in the typical living trust, as long as the Settlor is alive, he or she is also the Trustee and Beneficiary. On the death of the Settlor, a “Successor Trustee” (e.g., child, friend, and bank) takes over as Trustee and follows the Settlor’s instructions, which are set forth in the Trust, concerning the distribution of property and the payment of taxes and expenses.
Click here for more information regarding Wills & Trusts in Walnut Creek, CA
Can Rex Crandell Firm create a Will for me?
Absolutely! Rex Crandell Firm has many years experience creating Wills for clients all over California.
