For many people, planning for the distribution and allocation of one’s assets upon death can be very difficult and overwhelming.  Our goal is to protect our clients and their loved ones’ interests and planning for unknown events.  Life-changing events such as buying or selling a home, getting married, getting divorced, a death in your family, starting a family or expanding your family is a good time to create your Will or update the one you may already have.  We have a dedicated team of professionals to work with you to create your Last Will and Testament, Living Will, Healthcare Directives, Powers of Attorney or Revocable/Irrevocable Trust in order to protect your assets and interests of your loved ones.

Last Will and Testament

What is a Last Will and Testament?

A Last Will and Testament (Will) is a legal document stating how your money and property will be distributed after you die. Most, but not all, of your property can be disposed of in a Will. The proceeds of a life insurance policy naming someone as a beneficiary or property owned jointly with someone else cannot be disposed of by a Will. A Will also allows for you to state a preference for the guardian of your minor children.

Why do I need a Last Will and Testament?

Without one, the division of your estate becomes very complicated and can cost your beneficiaries additional financial hardship. If you have underage children, your wishes for their care will be unknown and anyone can file with the courts to gain custody. Don’t you want to make these decisions? A Will is designed to communicate your wishes. There are a few other documents that compliment a Will. They are a Living Will, a Medical Power of Attorney and a Financial Power of Attorney. We can help you draft these documents too.

When should I update my Last Will and Testament?

It is up to you to decide when to change your Will. You should review your Will from time to time to ensure that it still meets your needs and that your property will be distributed according to your wishes.

It is especially important to review your Will on the following events:

  • You get married or divorced (a change in marital status may void your Will).
  • You are unmarried but have a new partner.
  • The amount of money and property you own significantly changes.
  • You move to another state (not all states recognize out-of-state Wills as valid).
  • Your executor or a significant beneficiary in your Will dies.
  • There is a birth or adoption of a child in your family.
  • You change your mind about the provisions in your Will.