A current Will is a vitally important document to have. You decide who your beneficiaries are instead of the default requirements under the law.
You can make sure minors do not have access to large sums of money when they turn eighteen (18) by creating a trust that will pay for their needs while growing up and that will hold their money until older, such as age 25, when college is completed.
You decide who will raise and take care of your minor children and who will be in charge of their trust money. You decide who will be in charge of your final affairs and your estate instead of leaving it to chance.
If you have a beneficiary with special needs, you can make sure the inheritance does not disqualify public assistance through the use of a special needs trust. You make the process of probate easier and quicker for your heirs. You can disinherit people that might otherwise be entitled to a share of your estate.
You can make sure that special funeral and burial instructions are carried out, such as cremation or no open casket.
One of the most important reasons to create a Will is because no one knows the future. I am an attorney with 40 years of experience, and I make the process of creating a Will stress free and relatively easy.
Also, it is easy to change and update a Will once you have created it, so that your Will is always current.
Please contact me for a no-charge consultation either in person, on the phone, or by Zoom.
David Sowerbutts, Esquire of Liebmann Family Law, 4 Terry Drive, Suite 4, Newtown.
Call me today at 215-860-8200 or visit www.LiebmannFamilyLaw.com.
PHOTO CAP: Having a Will is smart planning no matter what age you are.