Legal Question in Wills and Trusts in California
Assets with no will
My mom owns a house in California,
she doesnt have a will yet. What
happens if she dies before we get to
create a will or a trust? How can we
create a will or trust?
2 Answers from Attorneys
Re: Assets with no will
Without a will or a trust, assets pass by the laws of intestacy, through probate.
As to how to create a will or a trust, go to my website, www.yourlivinglegacy.info. I have written a short (approx 100 page) book with everything most people need to know about planning for the possibility of death or disability. If one is single and the net value of the estate is less than $1MM, or married with an estate of net value less than $2MM, you can do it all for less than $100 by downloading the Legacy Trust Package from my website. Check the site, it will likely provide answers to all you questions. The value of the information and advice I provide in my book is in the thousands of dollars if it were given one on one, and, individual consulations would not likely be as complete. It is written in plain English of the lay public, not other lawyers.
Re: Assets with no will
First, it is important to understand that it is your mother who needs to "create" a will or trust. So she needs to be competent to sign a will/trust and want to have a will or trust drawn up for her. If she wants a will or trust done, she then needs to go to an experienced attorney in her area.
If she dies before she signs a will or trust, then the property will go to her heirs by California's intestate succession laws.
I hope I have helped. If you have any further questions, please do not hesitate to contact me.
Sincerely,
Kai H. Wessels, Esq.
(tel. 877-Wessels)
The information provided above is for informational purposes only, and not intended to be relied upon as legal advice.