administration
You should include a notarized self-proving affidavit to the will. This is a separate sheet of paper attached to your will that is signed and sworn to under oath)at the same time you sign your will before witnesses.
An executor, or personal representative, is nominated by a person in his/her will and approved by a court to manage and distribute probate assets in accordance with the terms of the will.
If you have minor children, you should always name a guardian for them in your will. You should also name an alternate guardian in case your first choice is unable to serve for any reason.
Testamentary trusts are trusts created in a will. Trusts are commonly created to provide for minor children following a parent’s death.
Selecting qualified and trustworthy persons to manage your estate following your death can be difficult.
Factors to consider include:
Cost
Security
Permanence
Investment experience and policy
Conflicts of interest
In order for a will to be enforced, a court will require capacity, free will, witnesses and intent.
Did you know that there are several different types of wills? In fact, each state has different rules on what wills are valid.
Each state has its own requirements for a valid will execution. In addition, federal law provides that service members and their families may be receive legal assistance that includes “military testamentary instruments” valid in every state.
A Last Will and Testament, commonly known as a will, is an official, written declaration that takes effect at death and appoints the person who will administer your estate.