Tag Archives: will
Do You Need to Update Your Will If You Have Another Child?
Depending on the terms of your original will, the birth of another child could be an ideal time for you to revisit and update your estate plan. It is not always necessary, however. With the assistance of your attorney, you can determine whether it is a task you need to complete. Here are some circumstances […]
Strategies for Changing Your Will
After you execute your will, circumstances may arise that result in the desire to change your will. You can do this at any time you wish, so long as the documents are properly executed and witnessed, and you are considered mentally competent to do so. Depending on how much you wish to change and what […]
Why it’s Important to Make a Will if You Have Children
While it is always important to have a will in place, it is especially important if you have minor children. Here are just a few reasons why: Guardianship: With a will, you can name who would assume guardianship of your children if you die while they are still minors. Otherwise, if you die with minor […]
When Can a Will Be Declared Invalid?
There are some circumstances in which a person might challenge the validity of a will. As you prepare your will, it is important for you to create it in such a way that it avoids any of these potential pitfalls so it withstands any potential challenges it might face. Undue influence: If there is any […]
How to Deal With Stepchildren in Your Will
You can leave behind assets to stepchildren just as you would anyone else, by naming the assets you want them to receive in your will. However, stepchildren do not have any legal right to an inheritance unless you legally adopt them. Therefore, if you do not wish to leave any assets to your stepchildren, you […]
Why You Need to Make a Will if You Have Children
While just about anyone benefits from creating a will, it’s an especially important step to take if you have children. Below are just a few reasons why: You can select guardians for your children: This is perhaps the best reason to prioritize estate planning if you have children. If the worst should happen, you will […]
Getting Your Affairs in Order Will Give You Peace of Mind
You may have heard that it is never too early to get your affairs in order. While this might seem like ominous advice, an important point to remember is that when you begin estate planning early, you can rest easy knowing you don’t have to think about it during the twilight of your life. Retirement […]