Top Lawyers Specializing in Wills Near Me
The formation of a will is a very common thing today. Earlier, the wills were either verbal or were only seen in movies. But today, it is very important to plan a will and decide your next legal heir beforehand. If you are someone looking for lawyers specializing in wills near me, you are at the right place.
WHAT IS A WILL?
Before finding a lawyer, it is very important to understand the meaning of the word. In simpler terms, a will is a legal document that authorizes a person to make decisions related to the management of his estate and how it will be distributed and functioned after his death. It clearly specifies the distribution of his financial assets, immovable property such as a house, business, or any other thing which he wants to divide. The will is written by the person when he is alive and in his full wits. It should be as per the legal laws and as per the order and pattern suggested by the court. The occurrence and presence of blood relation is not important and required while deciding the order of transfer. It can be transferred to any person who is directly or indirectly related to the owner of the will. A person can choose any person, organization, or company as his beneficiary who will receive his assets after his death.
In the absence of a will, after the death of a person, his property will automatically be transferred to his spouse. If no legal heir is available, the property will be transferred to the state government and will be in its possession.
WHAT IS NOT INCLUDED IN A WILL?
- Life insurance
- Retirement plans
- Assets you jointly own with right of survivorship
- Transfer on death or pay on death accounts
- Community property with right of survivorship
- Living trusts
- Community property that belongs to your spouse or domestic partner
If you are also looking for lawyers specializing in wills near me, you can visit our website and know more about us and our services.
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