Will Drafting Attorneys In Mesa Az
What Is A Will?
A will is a legal document that allows you to control how your possessions will be distributed after you pass away. A Last Will also enables you to designate a guardian for your minor children, provide instructions, and set aside funds for the care of any pets you may have. Check the most frequently asked questions about will drafting in Arizona below.
Understanding Trusts vs. Wills: Key Differences
This informative video breaks down the fundamental differences between trusts and wills. Learn about their unique features, benefits, and the specific scenarios where each is most effective. Understand how to use trusts and wills to protect your assets, provide for your loved ones, and ensure your wishes are carried out. Gain expert advice on making informed decisions for your estate planning needs. Watch now to equip yourself with the knowledge to choose the best option for your future!
How the last will and testament works?
A person writes a will while he or she is alive, and its instructions are carried out once the individual dies. A will names a still-living person as the estate executor, and that person is responsible for administering the estate. The probate court supervises the executor to ensure that he or she fulfills the wishes specified in the will.
What happens if you don't have a will when you die?
Dying without a will is known as dying intestate. If you do not have a will when you die, the state will decide how your assets are divided. If you have children or have no legal partner, the distribution of the estate has the potential to become confusing. In extreme cases, everything you own could become the state's property simply because there was no legally binding will at the time of death.
Is there a difference between a will, a last will, and a living will?
A will and a Last Will refer to a document determining what happens to your property if you die. It sets out who your belongings should go to, how, and who is in charge of making that happen. A Living Will, which is also sometimes known as a Healthcare Directive, lets your loved ones know about any healthcare decisions that you'd like to be made while you're alive if you're unable to express these wishes when the time comes.
How Compton Law can help you?
If you don't have a Last Will in place when you die, the government will figure out how to deal with your property. The state will also figure out who should claim guardianship of your children. At Compton Law, we are ready to help you with all aspects of estate planning and administration including trusts and wills. Call us today and let our experience be your guide.
Our Practice Areas
We Specialize In Estate Planning Law Matters.
Estate Planning
Tailor a comprehensive estate plan to safeguard your assets and provide for your loved ones.
Probate
Simplify estate settlement with our expert guidance. We handle estate administration efficiently and with care.
Wills
Secure your legacy and protect your loved ones with a carefully drafted Last Will and Testament.
Living Trust
Establish a well-structured living trust to manage and distribute your assets according to your wishes.
Children Protection Trust
Ensure your children's rights and well-being in cases of divorce, neglect, abuse, and more.
Small Business Formation
Start your business confidently with our legal expertise. We'll help you establish a strong foundation for success.
Medicaid Protection
Trust
Protect your assets during long-term care with our Medicaid Protection Trust.
Power Of
Attorney
Designate a trusted individual to act on your behalf with a carefully drafted power of attorney document.