A will is a document that names the executor of your estate and instructs the executor as to what is to be done with your assets. A will also provides for guardianship of minor children in the event of your death. While some wills are not required to go through probate, most institutions that hold assets will require a will to be probated.
The probate process proves that a) the decedent made the will and b) that the will is valid and authentic and appoints an executor to administer the will. Wills are often combined with trusts and other estate documents to create an estate plan. If you die intestate (without a will), your assets are disbursed based on the rules of succession contained in the Wills, Estates and Succession Act (WESA), which may produce an unintended or unfair result.
You want to protect your wealth. Speak to one of the lawyers at Darnell Law Group to learn if the creation of a trust should be part of your estate plan.
Don’t wait until it’s too late. Ensure your finances are protected by appointing a trusted family member or friend as your Attorney.
Let the DLG team assist you in the preparation of a Representation Agreement to appoint a trusted individual to help you make health and personal care decisions.
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