The basic legal document of estate planning is a Will. In its simplest form, a Will is your last letter of instruction. It contains your instructions about who will handle your affairs once you are gone and who is going to receive your estate and in what proportions. If you have minor children, a Will is the instrument by which you appoint a guardian to look after them. Numerous studies show 50% of Americans do not have a Will and have not met this most basic requirement of estate planning. As a matter of fact, four U.S. presidents died without a Will, including Abraham Lincoln, who you will recall, was a lawyer.
Few people realize that if you have a Will alone and no other planning, your estate must go through probate. In effect, your Will is your ticket to probate. Estate planning, where only a Will is involved, requires attorneys, probate expenses, time delays and much more.
In today’s litigious society, a Will offers you and your family basic protection of your assets once you are unable to protect them yourself. Trust Cardillo Keith Bonaquist to offer you solid legal advice on your Last Will and Testament and the execution of the documents that will protect all you have worked so hard to achieve.
To learn more about how our probate, trusts and estate lawyers can help you execute your Will, contact us at 239-774-2229.