The Importance of Estate and Will Planning
Estate and will planning The purpose of estate and will planning is to make sure that your wishes are carried out. Unlike a trust, a will is a public document. This means that it is just like publishing your wishes in the newspaper. Many famous people have left their wills online, and countless others have deposited their wills in their local courthouse. Therefore, it is vital to create a will in order to ensure that your wishes are followed. What are Wills? Wills are legal documents that specify who should receive your possessions after your death. They also allow you to name guardians for minor children. You can also designate a person to act as your executor or court-appointed administrator if you have no prior experience. Both are important and should be done by an experienced estate and will planning attorney. In addition to writing your Will, you can hire an estate and will planning solicitor to oversee the process. Estate and will planning are not just for the rich. Anyone