Wills are critical in making sure that loved ones understand how to distribute the assets of a Testator’s Estate. In order to determine what type of will is best for you, feel free to contact Anthony for a FREE consultation.
Testator - Individual who writes a will
Executor - Individual that is appointed by the Testator (in the will) to distribute the estate assets when the Testator passes away
Beneficiary - Individual(s) who receive assets of the Testator's estate
Intestate - Passing away without a will
Testate - Passing away with a will
Trustee - Individual that receives assets from a trust
A writing that is signed by a Testator in the presence of two witnesses. It is essentially an instruction manual for how the Testator's assets are to be distributed when the Testator passes away.
Witnesses are required under the Virginia Code in order to execute a will. Without witnesses, a will is not valid.
In Virginia, you are not required to file a will anywhere. It is necessary, however, to keep an original copy of your will in a place where the Executor can find it.
You may change a will at any time. If you create a 2nd will, the 2nd one will take precedent over the 1st will.