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Have an Estate? You Need a Will

What is a Will? 

A Will is a way to make your wishes known and allocate assets to your chosen beneficiaries. It is the only way to bequest assets to friends or unmarried romantic partners.

Executor or Executrix 

Executors distribute assets to beneficiaries and tie up other loose ends. A lawyer, institution, or trustworthy person may be named Executor. Leave instructions for compensating your executor. 

Naming of Beneficiaries 

Beneficiaries receive your assets and property after you die. They are usually close friends and family, spouses or civil partners, churches, and charitable organizations, but beneficiaries can be literally anyone you choose. 

Guardianship 

One of the most crucial decisions to make is that of legal guardianship over minor children. Sure, you might’ve pulled your friend aside and had the “If anything ever happens…” talk, but that is not enough. Make a Will. 

Intestate 

Dying Intestate (without a Will) means no one knows your wishes, so the state of California will decide. Legal spouses or registered domestic partners receive community property and part of your separate property assets; remaining assets are distributed according to the state. The guardianship of minor children will be determined by the state. 

Drawing up a Will is the best way to ensure your wishes are met and loved ones are taken care of upon your death. Planning now eliminates hardship later.

Receive advice and help specific to your needs by contacting one of our experienced Palm Springs estate planning attorneys.

Trust, Estate, and Probate Litigation Attorneys of SBEMP

valerie_powers_smith1 Have an Estate? You Need a Will Lawyer Palm Springs | Orange County

Valerie A. Powers Smith

thomas Have an Estate? You Need a Will Lawyer Palm Springs | Orange County

Thomas S. Slovak

chelsea Have an Estate? You Need a Will Lawyer Palm Springs | Orange County

Chelsea M. Healey

wendy Have an Estate? You Need a Will Lawyer Palm Springs | Orange County

Wendy S. Dowse

h_neal_wells Have an Estate? You Need a Will Lawyer Palm Springs | Orange County

H. Neal Wells III

charles_gallagher Have an Estate? You Need a Will Lawyer Palm Springs | Orange County

Charles Gallagher

DISCLAIMER: This blog post does not constitute legal advice, and no attorney-client relationship is formed by reading it. This blog post may be considered ATTORNEY ADVERTISING in some states. Prior results do not guarantee a similar outcome. Additional facts or future developments may affect subjects contained within this blog post. Before acting or relying upon any information within this newsletter, seek the advice of an attorney.

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