Will & Testament (for single individuals or married couples):
Please review this product’s description in full as our Attorney-Client Agreement presumes that you have.
Summary:
If you do not have the means, or for other reasons, do not wish to utilize a Revocable Living Trust for your estate plan, it is still important to implement a plan to ensure your life’s work is distributed to those you wish to inherit your belongings. This is even more important for non-married individuals with no children, as the default rules could likely result in random family members receiving a portion of your estate under fairly simple circumstances. Thus, although a will is not as useful and practicable as a Revocable Living Trust, it is the bare minimum estate planning vehicle an individual should employ.
Essentially, the largest difference between a Will and a Revocable Living Trust is that a Revocable Living Trust saves your heirs and beneficiaries time and money. This is because a court’s probate process (i.e. the legal channel that determines what your assets, liabilities are, and who will end up inheriting your estate) can take months, and occasionally over a year) to resolve, and that process can also result in high costs and fees (ranging from thousands to tens of thousands of dollars). A Revocable Living Trusts counteracts these issues as it is a vehicle used to bypass the probate process.
What’s Included:
This purchase provides you (and your partner/spouse) with a will that will distribute all of your assets to the other (then living) spouse in the event that you or your partner/spouse dies. If both you and your partner/spouse become deceased within 30 days of each other, then your kids will inherit your property in equal shares (unless you choose otherwise).
Disclaimer:
By purchasing this product, you are agreeing to Leeran S. Barzilai, A Professional Law Corporation’s terms of purchase, which include the Attorney-Client Agreement, and Prior Written Consent and Waiver of Future Conflicts. You are also asserting that you are a California resident (or making a purchase on behalf of a California resident), and seeking legal services for a California trust and related services. Please note that our Attorney-Client Agreement also provides our terms on how are fees are charged as well as our refund policy.
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