Articles with the "Last Will and Testament" tag
A Will is the basic estate planning document. Anyone who wants to control how their property is distributed when they die, regardless of the amount of money they have, should have a Will; anyone with minor children NEEDS a will, regardless of their wealth. Yet it is estimated that less than 40% of all Americans has a Will. Why is this? Many regard the prospect of drafting of a Will as unpleasant. Others feel they don’t have enough money or property to justify a Will. Many people presume their property will be disposed of the way they want even without a Will. This information is designed to show that making a Will is an opportunity to ensure that you have provided for your family in a thoughtful way and that your property will be disposed of in accordance with your wishes. Continue reading
WHAT CAN YOU DO WITH A WILL THAT YOU CANNOT DO WITHOUT ONE?
You can disinherit someone, including a child (but not your spouse)
You can distribute your property in equal or unequal shares to persons of your choice. Continue reading