Preparing a Will
A will is a set of instructions for the Probate Court to follow after a person has passed away. It is used to designate how, when and to whom your assets will pass at your death. In addition, a Will identifies proposed guardians for your minor children and instructions on how best to manage the assets left for them. Also, it names an Executor to pay final bills and expenses and distribute the assets as stated in the Will. Probate Court may become complicated, lengthy, and expensive, depending upon the value of the assets in the estate and whether there are disagreements. Consult an estate planning attorney to minimize conflict and clearly state your wishes through a Will.