Wills

A will is simply a legal document that directs distribution of the deceased as your beneficiaries. These are family members, friends, a domestic partner, or charitable organizations who will receive your assets as you direct. You may provide for specific gifts of such items as family heirlooms or a specific sum of money to named beneficiaries. You should also provide for the distribution of the your remaining assets, called the reisdue of your estate which is not specifically given to individuals or organizations in your will. 

In your will, you may also nominate a guardian for your minor children.  The guardian is person who will have the responsibility to care for your child if you and your spouse die before the child attains 18 years of age. You may also name a guardian - who may or may not be the same person - to be responsible for management of assets given to a minor child, until the child attains 18 years of age.  In the will, you will also nominate an executor (male) or executrix (female). This person or institution of your choice, named in your will and appointed by the probate court, collects and manages your assets, pays your debts and expenses and any taxes that might be due, and then, in a manner approved by the court, distributes your assets to your beneficiaries in accordance with the provisions of your will. Your executor plays a very important role with significant responsibilities.  If you fail to appoint an executor or if the executor is unable or unwilling to perform, the court may appoint an administrator (male) or administrix (female) who will serve the same purpose.

Living Will

A living will, which should be confused with a will as decribed above, is a legal document that a individual uses to make known his or her wishes regarding life prolonging medical treatments. It can also be referred to as an advanced directive, health care directive, or a physician's directive. It is important to have a living will as it informs your health care providers and your family about your desires for medical treatment in the event you are not able to speak for yourself.

How We Serve Our Clients

Wills and trusts are common ways in which individuals dispose of their estates.  Trusts have the benefit of avoiding probate, a lengthy and costly legal process that oversees the transfer of assets.  If you die intestate (without a will or trust), your real and personal property will be distributed in accordance with the intestate laws of your state.  This distribution many be very different than your desires so it is imperative to execute a will or trust.  The experienced professionals at firm will work with you, as well as your accountant, financial planner, and associated professionals to ensure that your wishes are carried out.