Generations is an important part of later life planning. Planning for the future is an act of love. Secure your family’s well-being by acting now.
Although it can feel difficult to talk about what should happen after someone dies, open and frank conversations about wills and inheritance can make things a lot easier further down the line. If you die without making a will, your estate might be distributed in a way that you would not want and securing your loved one’s future and their protection. A well-drafted will is essential for ensuring your assets are distributed according to your wishes. At Trust Point Estate Planning, we understand the importance of creating a clear and legally sound will.
Our experienced professionals will guide you through every step of the process, from understanding your options to ensuring your will is properly executed. We’ll help you consider key decisions, such as:
An executor is the person appointed in a will to manage the deceased’s estate, which involves gathering assets, paying debts and taxes, and distributing the remaining estate to the beneficiaries as outlined in the will; essentially, they are responsible for ensuring the deceased’s wishes are carried out legally and accurately.
A beneficiary is simply a person, or sometimes an organization, who is named in a will, trust, or insurance policy to receive something of value, such as money, property, or other assets. In essence, they are the people who are intended to benefit from the deceased person’s estate according to their wishes.
Appointing a guardian in your will is crucial if you have minor children, as it designates who will legally care for them should you and the other parent pass away. This ensures your children’s well-being and upbringing are entrusted to someone you know and trust, avoiding potential disputes or court-appointed guardians who may not share your values or provide the care you desire.
We understand the importance of safeguarding your hard-earned assets and ensuring they are distributed according to your wishes. Our comprehensive services are designed to provide you with peace of mind, knowing that your financial legacy is secure.