The document that legally facilitates the transfer of ownership of properties and assets from one person to the other in the event death occurs is called a will. The will is Prepared in the presence of a lawyer who acts as a witness to the process and is given the documents to be the custodian.
The information contained in the Washington laws on estate planning, probate law, wills, and estate taxes to be observed is well elaborated. It is thus a simple process to move the properties and assets owned and avert heavy taxes be imposed when there is a will. The will document therefore may be lengthy complex or one page depending on the estate size. There may be a trust established in a person’s lifetime or arise in the event of death by the will.
Principle instructions provided in Washington will are straightforward.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. Everyone should be able to write a will at fair prices.
Additional Washington principle on the will is that one should have faith the court to enforce the will. This is to promote that all of the assets and properties stated in the will get to the rightful beneficiaries.
Also on Washington will principle is that the will intended purpose should be achieved. Being That there is also complexity in the process of the will, there should be an assurance that the process is worth and the lawyer, therefore, provide assistance to ensure that the will achieves its intended goal.
Having not written a will in the event of death does not mean estate will be lost. There is a way the beneficiaries can acquire the properties if no will is possible. Properties owned can be moved from a person to the preferred beneficiaries when they die.This legal process of transfer of the assets or any properties from the descendent to the beneficiaries is what is called probate. Therefore, it is a well-planned proceeding as a result of a person requiring it to be filed and not the law requirements.
a will thus is an encouragement for everyone to write and have a reasonable attorney so as the distribution of the ownership of the properties is fair as one would please. Writing a will is, therefore, a requirement to everyone so that in case death occurs, the properties owned would be distributed equitably to the beneficiaries as one would have wished. It is advisable to hire a professional will attorney for advice and to represent you on the issues relating to writing a will.