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                        Investing Inherited Wealth

                        Investing Inherited Wealth

                        Published 12/10/2025 | Posted by Bernie Stephan

                        Under California law, anyone can draft their own will, which is acceptable. However, if you choose not to draft your own will, it is crucial to understand that only an attorney is legally permitted to draft a will for someone else.

                        Do It Yourself

                        Drafting your own will can be risky because personally drafted wills are often incomplete, leading to potential invalidation under state laws. California law has specific requirements for a will to be considered valid, including being in writing, signed by the testator (the person making the will), and witnessed by at least two individuals present when the testator signed the will.

                        While there are various kits and online resources available for creating a will, these are often not tailored to the specific requirements of California law. If your will does not comply with these state-specific legal requirements, it could be deemed invalid. Therefore, to ensure that your will is comprehensive and legally sound, it is advisable to consult with a qualified attorney who specializes in estate planning. This can help avoid potential legal issues and ensure your wishes are properly documented and executed.

                        Risks of an Invalidated Will

                        If a will is invalidated, several significant consequences can arise. The estate may be subject to California's intestacy laws, leading to the distribution of assets following a predetermined formula. This can result in unintended beneficiaries inheriting portions of the estate or desired beneficiaries receiving less or nothing at all, highlighting the urgency of seeking legal advice.

                        Additionally, an invalidated will can lead to prolonged legal battles among potential heirs, causing significant emotional distress and financial strain. The probate process may become more complicated and lengthy as the court must determine the rightful heirs and oversee the distribution of assets according to state law. This can also increase the overall costs of administering the estate, reducing the value of the inheritance that ultimately reaches the beneficiaries.

                        To prevent these potential issues, it is crucial to ensure that your will complies with all relevant California legal requirements. Consulting an attorney can provide peace of mind that your estate will be handled according to your wishes, avoiding the negative consequences of an invalidated will.

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