Category Archives: will
Per Capita vs. Per Stirpes
Often in wills or trusts, an individual will designate the shares given to individuals as “per capita” or “per stirpes.” What is the difference? Per capita means “per individual.” This means that if someone says, “I give to my children … Continue reading
What is a trust?
While it can sometimes seem like there are an infinite amount of different kinds of trusts, the basic concept of this sort of legal arrangement remains the same. There four basic components of any trust. The first component is the … Continue reading
Information Regarding Wills
The statue of wills was enacted in 1540 by the Parliament of England and it is still used to govern the form of a will today. The statute of wills requires that a will be in writing, signed by the … Continue reading
Living Trust v. Will
Here are some reasons why some may find a will to be preferable to a living trust. First, the cost of a living trust is often larger that a will. Second, the quantity of paper work required for a living … Continue reading
Why Should I Get a Living Trust?
Many people often wonder why they should get a trust? Here are some valuable things to consider when making this important decision. How much will a Living Trust cost as opposed to Probate? How soon do I want this matter … Continue reading
Types of Wills
In the State of California, it is possible to create a will in one of three ways: -A handwritten or holographic will is one that is done in your own handwriting. It must be legible and have everything clearly stated as … Continue reading
A Will
A will is a legal document in which you divide your assets and property between your living beneficiaries and also give certain instructions on things after you pass away. This document is unalterable once you die and must be carried … Continue reading
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