A will, sometimes called a "last will and testament, " is a document that states your final wishes. It ensures that your estate is handled exactly the way that they want. A codicil is a short document which allows you to alter your will without having to do a whole new one. 101 Legal Docs can help you prepare your will or codicil to make sure your loved ones are taken care of in the future.
A trust is a legal arrangement through which one person, called a "trustee, " holds legal title to property for another person, called a "beneficiary." It's similar to a will, but can be enacted while you are still alive. Do you want to start taking actions on your estate before your passing? 101 Legal Docs can help you prepare your trust to make sure your estate is handled exactly the way you want.
A "notary" is a person who is licensed by the government to witness signatures on documents. The notary acts as an impartial witness to identify signers to screen out impostors and to make sure they have entered into agreements knowingly and willingly.
A trust is a legal arrangement through which one person, called a "trustee, " holds legal title to property for another person, called a "beneficiary." It's similar to a will, but can be enacted while you are still alive. Do you want to start taking actions on your estate before your passing? 101 Legal Docs can help you prepare your trust to make sure your estate is handled exactly the way you want.
A "notary" is a person who is licensed by the government to witness signatures on documents. The notary acts as an impartial witness to identify signers to screen out impostors and to make sure they have entered into agreements knowingly and willingly.
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Most people know that they should have a will, but many don't know what a will is and how it works.
A will, sometimes called a "last will and testament", is a document that states your final wishes.
It is read by a county court after your death, and the court makes sure that your final wishes are carried out.
Most people use a will to leave instructions about what should happen to their property after they die.
Make arrangements for money or property that will be left another way (property in a trust or property for which you've named a pay-on-death beneficiary).
A will, sometimes called a "last will and testament", is a document that states your final wishes.
It is read by a county court after your death, and the court makes sure that your final wishes are carried out.
Most people use a will to leave instructions about what should happen to their property after they die.
Make arrangements for money or property that will be left another way (property in a trust or property for which you've named a pay-on-death beneficiary).
A trust is a legal arrangement that allows a third party, or "trustee", to hold assets on behalf of a beneficiary or beneficiaries.
Trusts can be arranged in many ways and can specify exactly how and when the assets pass to the beneficiaries.
Since trusts usually avoid probate, your beneficiaries may gain access to these assets more quickly than they might to assets that are transferred using a will.
Additionally, if it is an irrevocable trust, it may not be considered part of the taxable estate, so fewer taxes may be due upon your death.
Trusts can be arranged in many ways and can specify exactly how and when the assets pass to the beneficiaries.
Since trusts usually avoid probate, your beneficiaries may gain access to these assets more quickly than they might to assets that are transferred using a will.
Additionally, if it is an irrevocable trust, it may not be considered part of the taxable estate, so fewer taxes may be due upon your death.
A Notary, or Notary Public, is a responsible person appointed by state government to witness the signing of important documents.
Notaries are required for many documents to deter fraud.
They act as an impartial witness to ensure that the signers of documents are who they say they are and not impostors.
The Notary also makes sure that signers have entered into agreements knowingly and willingly.
For many documents, such as wills, trusts, and codicils, Notaries are required in order to make the document legally binding.
Notaries are required for many documents to deter fraud.
They act as an impartial witness to ensure that the signers of documents are who they say they are and not impostors.
The Notary also makes sure that signers have entered into agreements knowingly and willingly.
For many documents, such as wills, trusts, and codicils, Notaries are required in order to make the document legally binding.
Not sure what package is right for you?
That's no problem because all packages include a complementary estate planning consultation.
Advantages: This package is fast, easy, and inexpensive.
A Will distributes property according to your wishes, appoints a representative to handle your estate after you pass away, and can reduce the likelihood of family disputes.
A Will can also establish a trust and guardianship for your minor children.
Disadvantages: This package does not include Powers of Attorney or a Health Care Directive.
That's no problem because all packages include a complementary estate planning consultation.
Advantages: This package is fast, easy, and inexpensive.
A Will distributes property according to your wishes, appoints a representative to handle your estate after you pass away, and can reduce the likelihood of family disputes.
A Will can also establish a trust and guardianship for your minor children.
Disadvantages: This package does not include Powers of Attorney or a Health Care Directive.
If you were diagnosed in a permanent unconscious state, how would you like doctors to respond?.
It is recommended that you bring any previous wills, trusts, or other estate planning documents with you to the initial consultation.
I do not require the addresses or social security numbers of your Executor/Personal Representative or any beneficiaries; legal names are sufficient.
This is because a last will and testament becomes a matter of public record upon your passing and I am committed to protecting your privacy and that of your family and loved ones.
It is recommended that you bring any previous wills, trusts, or other estate planning documents with you to the initial consultation.
I do not require the addresses or social security numbers of your Executor/Personal Representative or any beneficiaries; legal names are sufficient.
This is because a last will and testament becomes a matter of public record upon your passing and I am committed to protecting your privacy and that of your family and loved ones.
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