The legal transfer of ownership of property and any other assets from a person to another in the event of death is called a will. The document is prepared in the presence of an attorney who validates it and signs then is given the mandate to be the custodian of it until death of the decedent.
The information contained in the Washington laws on estate planning, probate law, wills, and estate taxes to be observed is well elaborated. Writing a will facilitates the transfer of ownership of assets and properties to be easier and to avoid burdens on charges. The will document therefore may be lengthy complex or one page depending on the estate size. During the person’s lifetime, one can have a trust or even the trust may be created after the death by the will.
Washington will guidelines are simple.Among them, one maintains that a person should be able to write a will without being limited by the size of their property. The size of the property, therefore, should not be a limitation to the acquisition of lawyer services and write a will. To write a will should be for everyone at a low-cost.
Additional Washington principle on the will is that one should have faith the court to enforce the will. This assures that the will available will facilitate the recipients to acquire all the properties and assets indicated in the will in case death occurs.
Washington will principle also states that the intended use of the will should be me. The complications in the will process that is present, means that there should be surety that the process is worth and thus the attorney provides legal advice to ensure that the will achieves the goal.
Having not written a will in the event of death does not mean estate will be lost.Still the beneficiaries can similarly acquire the said properties as there was a will. Properties owned can be moved from a person to the preferred beneficiaries when they die. The decedent property transfer process to the beneficiaries is legally referred to as probate.Therefore, it is a well-planned proceeding as a result of a person requiring it to be filed and not the law requirements.
It is, therefore, encouraged that everyone to write a will and distribute the ownership of the assets and property owned fairly at owns liking. It is advisable to hire a professional will attorney for advice and to represent you on the issues relating to writing a will.