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Will

A will, in the legal sense, is a person’s last living testament of an individual about the distribution of their assets following their demise.  Wills allow a deceased person to ensure their assets are distributed according to their living wishes.  In many cases, a will is best served being drawn up by a lawyer, because of the possible legal disputes, which may occur over an estate.

Although creating a last living testament may seem like the sensible thing for individual to do, government statistics venture the number of persons dying without a will is around seventy percent.  The often-unplanned nature of serious illness, accident, or death may leave individuals and families unprepared for the dividing of a deceased’s estate.  As the creator of a will, ensuring that your last testament will be carried out to your wishes and benefit those of one’s choosing should bring a sense of comfort and responsibility. 

Planning for one’s time of demise may seem morbid or a negligible after thought, however, it is always better to be safe than sorry, and with the help of an investment advisor and lawyer, the will of your choosing will remain as valuable as possible for the ones you love the most.  Seeking the advice of a capital investment advisor is also important in retaining the financial value of your assets during the course of distribution of a will.  Ensuring that the intended recipients of your will receive your intended benefits starts with a professionally compiled will.  Planning for unseen circumstances and the future undoubtedly allowed you to be in the financial position to leave behind assets to your family; why stop practicing these virtues now?  Plan for your loved one’s financial futures today!

Statements included in a will include:

  • The will of the person, or the testator, much announce his or her intention that this document be their “last will and testament”
  • The testator, or person whose will is being written, will include a statement that nullifies any previous wills or last testaments
  • The free willingness and coherence of the testator is usually mentioned and affirmed
  • The exact details of how, when, and whom will receive what from the testator are intricately detailed
  • The will must be signed and dated by the testator and at least, two impartial witnesses
  • Do you have questions about your will?  Contact one of our Capital Investment Advisors with your questions about your Will to get the answers you need to make informed financial decisions.

Do you have questions about your Will? Contact one of our Capital Investment Advisors with your questions about your Will to get the answers you need to make informed financial decisions.

Read about other future planning topics such as: Trusts, Retirement and Real Estate Investments

 

 

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