The most fundamental of estate planning documents is a Last Will and Testament. A Will guides the distribution of your estate. One of the most important aspects of your Will is that it enables you to name a person to manage your estate in the event of your death and further ensures that your property is distributed in accordance with your wishes. Absent having a Will, your property will pass to your relatives through a statutory scheme known as intestate succession which may or may not be in line with your intentions. You will also lose the ability to select a person of your choosing to administer your Will as Executor.
In your Will, you can also dictate who you would like to care for your children after your passing and additionally, set up a trust to protect your children’s inheritance and designate someone you trust to serve as trustee of any testamentary trust that is established, if applicable.
If you want to ensure that your wishes are followed concerning your estate after you pass away, it is vital that you have a legally binding Last Will and Testament.
At the Law Offices of Lee M. Perlman, we endeavor to provide personal attention, prompt service and provide guidance in creating a comprehensive estate plan that meets your unique concerns and wishes.
To learn how we can help you start planning for the future, contact our office to schedule a free consultation.
The will questionnaire provides you with everything you need to know to prepare your Last Will and Testament.