Wills

The difference between having a will and not having a will is the difference between you controlling what happens with your wealth and your family after you are gone, or having a judge  make those important decisions.  By establishing a simple will, you can ensure that:

• Your money and possessions go to the people you want
• Your children are cared for by people (“guardians”)  you have chosen;
• Your childrens’ inheritance is managed by people (“trustees”) you have chosen;
• Your estate is administered  by an executor you have chosen;
• If your estate is taxable, you can include testamentary trusts in your will to allocate assets in such a was as to minimize “death taxes”
  

A simple will is a relatively inexpensive matter and almost everyone should at a minimum have a will, if not a trust or other more comprehensive estate plan (for information on other estate planning tools see our Trusts pages.