Contact Info

Law Office of Victor Waid
333 University  Avenue,

Suite 200
Sacramento, CA 95825

Phone:  916-923-2345

Email - vwaid@waidlaw.com


Free Legal Answers

WILLS


WILLS ARE PLANS,

  • For distribution of assets to beneficiaries.
  • Appointment of guardians  of minor children, if needed.
  • The establishment of testamentary trusts, which are often used in to protect distributions, particularly family member distributions.

Wills are amendable, and revocable until death of the maker.


Wills are deceptively simple, in their preparation. However, unless prepared correctly, within the legal requirements of statutory law, then at death, the deceased person’s intentions are governed by statutory rules of construction, which may not be the distribution you planned by your prepared document, you called a will.


If I have a living trust, do I still need a will?


Not required, but a good idea as a backup to the trust. This type of document is known as a “pourover will” and mirrors the distribution provisions of the will as to the assets so designated and as to named beneficiaries, just in case some provision of the trust is declared invalid for some unknown reason.


This document (pourover will) can also be very valuable,  to transfer after acquired assets left out of the trust,  either by choice or after acquired, and pour them over into the trust, so the trust provisions can apply as to assets and persons.


Please call (916) 923-2345 for appointment.



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