Wills & General Matters

Planning for the disposition of one’s assets upon death is a difficult topic to discuss. However, if a person dies intestate without a Will, even if they do not have a large estate, their property will be distributed according to a statutory scheme designed by the legislature and that may not be what you want. That is why it is important to express your wishes in a formal Will so that your property will be distributed to the people you desire to receive the property. You can name a guardian for your children, and a trustee to be in charge of any assets that they would inherit while minors.

There are certain life changing events that require you to consider the need to prepare a Will or redo the one you have. If you have recently gotten divorced, your old Will should be discarded and a new Will prepared to account for the change in your situation. If you had a Power of Attorney or Health Care Proxy naming your former spouse, you will also want to change those designations. You may also need to consider your beneficiary designations for your retirement and life insurance accounts. You may not want your ex-spouse to continue to be your beneficiary. Likewise, you may have new requirements for who is named a beneficiary on your life insurance. We can help guide you towards decisions that make sense for you and your family.