Wills and Will Codicils
It is important for people to think about their future, including what happens to property after they pass away. Without an estate plan, a statutory law will determine what happens to your assets when you die, and the results may not be what you want or expect. If you are not legally married, a life partner may receive nothing when you die if you have no estate plan in place. If you are married but have no estate plan in place, your surviving spouse may receive only a portion of your estate when you die.
Having an estate plan that includes a will means that you decide exactly what happens with your property and possessions. There are various types of wills. A cost-effective simple will indicates who will inherit your assets upon your death, selects guardians for any minor children, and names an executor to administer your estate and protect your last wishes. Wills can have additional features, and some wills can be part of a larger, more complex estate plan.
At Edmonds Law Office, our will lawyer, Ellen Edmonds, is compassionate about helping families ensure that they are protected in the event of a tragedy.
Types of Wills
- Simple Wills
- Testamentary Trust Wills
- Joint Wills
- Conditional or Contingent Wills
- Pour-Over Wills
- Reciprocal Wills
- Mutual Wills
- Self-Proving Wills
(Note, despite the name, a “Living Will” is not actually a will but, rather, is a medical directive.)
Should a devastating catastrophe occur, your loved ones will gain protection and may be spared lengthy legal battles and potential disputes if you have an estate plan in place. The will lawyers at Edmonds Law Office can assist you in creating a will which ensures that you (not lawmakers) decide who inherits your assets, ensures that your loved ones are financially protected, and ensures that your wishes and instructions are fulfilled. Ellen Edmonds is a compassionate will attorney who helps families ensure that they are protected in the event of a tragedy.
If you would like to create a will with the estate attorneys at Edmonds Law Office, call us today at (618) 659-3442 or complete our online contact form for more information!