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1 Answer | Asked in Estate Planning for Washington on
Q: I am writing my own will using the language & style of my old will drafted by an attorney.

Once it is witnessed and notarized will it be a legally binding document. I live in Washington state.

Deanny Lungu
Deanny Lungu
answered on Apr 19, 2020

You would have to check your state statutes requirements for a valid will. I am not licensed in your state, hopefully, a WA-based attorney can provide some insight. Good luck.

2 Answers | Asked in Estate Planning for California on
Q: Quick question. Would a Letter of Agreement change the Trustee of my trust to someone I name in the follow way?

1. I'm the sole trustee and trustor of my revocable trust.

2. I read all that's needed to change the primary trustee/trustor from myself in an ammemdment stating that I appoint a new trustee and the new trustee accepts, and then both of us sign.

3. Myself and another... View More

Deanny Lungu
Deanny Lungu
answered on Apr 13, 2020

Yes, you can make that change. Please take a look at the language in your trust agreement, there are usually provisions that speak to how a current acting trustee can resign and what they need to do to appoint a new successor trustee. If the trust agreement is silent, a sound course of action would... View More

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4 Answers | Asked in Estate Planning for California on
Q: For listing assets in a trust, how specific does it have to be? Can I list "Chase Bank account"? Whole account number?
Deanny Lungu
Deanny Lungu
answered on Apr 10, 2020

I generally recommend the account be in the trust name. Listing the acount number, name of the institution, be as specific as possible, and include that on an asset spreadsheet or on a schedule so that your family members can more easily locate the account if something happens to you.

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