A will is a simple set of instructions telling someone how property should be distributed after death. Normally, a will proceeds through a probate court in order to become effective. A will appoints someone to oversee the distribution of property. This person is called the “Personal Representative.” The Personal Representative is in charge of managing the estate, paying bills, and informing the heirs of what is happening with the estate. The Personal Representative is someone who is trustworthy, responsible, and organized.
A will also lists any specific gifts (watch, ring, knife, etc.) that should be distributed to a specific person. This makes sure that objects of sentimental value remain in the family.
After specific gifts are distributed, whatever property is left over is divided among the named beneficiaries.
Trojack & Schniederjan Law Office, P.A. has drafted more than 1,000 wills over the course of more than 35 years. Before deciding whether a will is the appropriate estate planning vehicle for you, it is important to assess your goals and values. Trojack & Schniederjan Law Office, P.A. offers a complimentary one-hour consultation to determine the estate plan that is right for you.
To help us fully realize your estate planning goals, we need to have a little more information about your family so that we can respond with the appropriate law for your situation. We ask that you have the following information completed before we meet to discuss your estate planning needs:
- Estate Planning Goals Worksheet: This allows you to rank which estate planning issues are the most important. This helps clarify your expectations and estate planning goals.
- Estate Planning Helper/Beneficiary List: This will allow us to see the people you want to be directly involved in the estate plan. Please feel free to list anyone, including financial advisors, life insurance agents, and, of course, your loved ones.
- Things to Bring to our First Meeting: This list gives us an idea about what your asset picture looks like. It allows us to design an estate plan that fulfills your specific wishes and is appropriate for your asset picture.
These documents will help us craft a plan that suits your needs and desires for your family. We will also be able to use our time together more efficiently. Please remember to bring these materials to our initial consultation.