Legal Question in Wills and Trusts in California
nomination of executor
can I have two executors in my will.
If I have two and they cannot agree on
something can I elect my sister to
arbitrate any disputes that they may
have?
Residuary Estate-what does it mean
heirs-at-law, their identities and
respective shares to be determined
under the laws of the State of
California, then in effect, relating to
the succession of separate property
that is not attributable to a
predeceased spouse, as if I had died
intestate at the time fixed for
distribution under this provision.?????
1 Answer from Attorneys
Re: nomination of executor
You can have as many executors as desired. Y0ou can also determine who has final say, or add your sister as a final "tie-breaker" person.
A residuary estate is what is left over after everything has been distributed. We usually recommend a combination of a will and a trust. This will avoid Probate and allow for more exact distribution. Please take a moment to review will, trust and Probate laws and rules on our website at www.No-Probate.com.
Please feel free to call our office if you need additional information.
Scott
Schofield, Grossman & Linden
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