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February
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What Happens If You Die Without a Will?
in Estate Planning, Will
What Happens If You Die Without a Will?
Don’t Make the Last Mistake of Your Life!
The do-it-yourself approach may work for some jobs, but providing for your family after you’re gone is too important to risk making mistakes -- mistakes that could put your loved ones in the legal weeds just when they need the most support and ease of mind. Here are some top reasons NOT to be an estate plan “do-it-yourselfer”: • While internet sites can provide you with boilerplate documents, they do not reflect specifics of your financial and personal life and may be questioned or disputed later. • The requirements for a validly written document(s) vary from state to state. • A valid estate plan...
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Written by Sussan, Greenwald & Wesler Choosing a guardian to name in your Will When handing your will and estate planning, one of the most important decisions you’ll have to make is who will take care of your children if you become incapacitated or in the event of your death. “If you don't name a legal guardian in your will, the court will choose who will care for your children,” says Alex Hilsen, Esq., LL.M., head of SGW’s Estate Planning Division. “And you can’t assume that they will automatically grant custody to aunts, uncles, or grandparents.” When drawing up your will, be sure that...
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