Wednesday, July 20, 2016

Last Will and Testament

What is a Last Will and Testament?

A Last Will and Testament is instructions on how to pay the final expenses, who should take care of wrapping everything up, and who gets your stuff.

A Last Will and Testament is only one of the many estate documents of a complete estate plan. If you die without a will or trust, you are said to have died “intestate.” The state will determine who gets what in that case. You really want to put your plan in place of the default state plan.

A Last Will and Testament is a COMPLEX WRITING

All the normal people are fighting to discover how to write a will.

However, this presents a unique opportunity for the smart planner like you.

The government usually has a plan in place if you don’t.

However, by writing a will, your plan takes over.  Your goods go where you want them to go (with certain limits).

A Last Will and Testament has many components that must be done in order for the will to

  1. Not be challenged easily
  2. Be valid
  3. Revoke all prior wills
  4. Disinherit children and heirs properly
  5. Be properly signed (in a signing ceremony)


from Protecting You And Your Family http://ift.tt/2aay5JP


from DeWitt Law Firm, PLLC

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