The most important decisions you need to make is who do you want your property to go to (your beneficiaries) and who you want to manage your Estate (your Estate Trustee, sometimes referred to as Executor). Your beneficiaries may be individuals or charitable institutions. To ensure that your property goes where you want it to go in all circumstances, you …
WHY HAVE A WILL?
If someone wants to direct where their property is to go when they die, they should prepare a will. Failure to prepare a will means you will die intestate. When someone dies intestate it means that his or her property will go to his or her nearest relatives, including spouses and children. In the rare case where someone has no …
Why do you need a lawyer to help you prepare a Will?
A lawyer will insure that: (A) the Will you prepare Distributes your assets in the manner you intend; (B) you have considered all necessary alternatives; (C) you have considered the tax issues that may have an impact on the income tax your estate has to pay; (D) the rules relating to signing requirements are properly followed. This includes insuring that …