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Who Needs a Will?

On Behalf of | Mar 4, 2018 | Elder Law, Estate Planning

The short answer to this is that everyone needs a will. Having a Last Will & Testament is not only your final determination of where your property will go at your death, but it also determines what happens to property in unusual situations. For example, if you execute a Last Will & Testament, but only minor grandchildren actually inherit your property, your Will can tell the Court how old the children should be to receive the full amount of the property, or if it should be distributed over many years. Likewise, your Will could set up special trusts to protect disabled loved-ones from losing benefits.

Having a Last Will & Testament is an expression of your wishes, but is a chance to reach out of the grave and protect your family in one last tangible way. Make sure that your Will is current and that it has the provisions you may need. It is better to have a Will with unnecessary provisions than a Will without the provisions your loved ones need. Call us for a free review of your documents.