Legal Question in Wills and Trusts in California
last will and testatment
simple will: can I have my 2 adult daughters be co-executors? One lives in another state.
3 Answers from Attorneys
Re: last will and testatment
Yes.
Re: last will and testatment
Yes. However,although sometimes appropriate, it is not always workable. Ask yourself how well your daughters get along. If you don't say anything to the contrary in your will, both daughters will have to agree on decisions required by the court. If they can't agree, their conflicts might have to be settled by the court.This can be costly. I suggest you discuss your particular situation with an experienced wills and trusts lawyer. Sincerely,
Re: last will and testatment
You can set up the will any way that you desire, but be mindful of the possible problems that can occur when there are co-executors that live in different states.
Also, please be aware that a will still requires Probate. The best way to avoid the high costs of Probate, and to hae a little more control over how your assets are distributed, then I recommend that you also create a trust. The will is still necessary, but it is used to fund the trust.
If you would like to discuss this matter further in a more private forum, please feel free to contact me directly at the email address provided by LawGuru or through our firm�s website located at PasadenaEstatePlanning.com
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