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Posts tagged "Wills"

Ademption can wipe out a beneficiary's gift: Here's why

A will is an important legal document since it is designed to distribute assets in a person's estate. The trouble with a will is that it isn't always going to be up to date. Sometimes, items are sold or taken from the estate, so they're not able to be distributed once the person passes away.

Do you need to have a will?

As you begin the estate planning process, one thing you might be asking yourself is if it's necessary to have a will. A will is a legal document that you may want to have, because it tells your loved ones and the courts exactly how you'd like your assets distributed after your death.

Stop procrastinating, and get a will as soon as possible

If you have been procrastinating and not setting up a will, you should know that doing that could turn out badly for your family. No one knows when they will die, become impaired or unable to care for themselves. That's why it's essential that you set up your will right away.

What makes a will legal and valid?

Wills are an important part of any estate plan, even if you don't have many assets or beneficiaries to protect. A will lets you choose how to distribute your assets upon death and can guarantee you that your wishes can't be ignored by those who you leave behind.

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