This article serves as short description of what is included your will, and what it's used for.
A will is a legal document designating the transfer of your property and assets after you die. Although creating a will is not a difficult process, a lot of persons die without one. If you die without a will, or intestate, the court steps in and distributes your property, which may or may not coincide with your wishes. If you have no apparent heirs and die without a will, it's even possible the state will claim your estate. Remember, wills are not just for the rich; your will ensures that whatever your assets, they will go to family members or other beneficiaries you designate.
Bear in mind that having a will is especially important if you have young children because it gives you the opportunity to designate a guardian for them in the event of your death. Without a will, the court will appoint a guardian.
Probably the most important considerations when making your will are naming a guardian for your minor children and naming an executor.
Interested in getting started with your will? Contact us today and we'll be glad to put you in touch with an advisor who is suitable for you.