http://www.lawyerforseniors.com Mon, 10 Oct 2011 03:49:16 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.lawyerforseniors.com/practice-areas/probate/comment-page-1/#comment-155 Do You Need A Will Or A Trust? | Lawyer For Seniors Sun, 14 Mar 2010 07:49:27 +0000 http://seniors.smartmarketingmedia.com/probate/#comment-155 [...] A Will: A will is a formal declaration of your wishes. It is a document you create to declare the extent of your privately held property (it does not cover jointly owned property) and what your wishes are for the distribution of that property. You name an executor to carry out your wishes, and you can even include a nomination of guardian for young children in your will. A will does not go into effect until after you die; before then it is simply a piece of paper containing your private wishes. However, once you have passed away your will no longer remains private, it now becomes a matter of public record, available to anybody who would like to view it, and overseen by the court in a sometimes lengthy and expensive process called probate. [...] [...] A Will: A will is a formal declaration of your wishes. It is a document you create to declare the extent of your privately held property (it does not cover jointly owned property) and what your wishes are for the distribution of that property. You name an executor to carry out your wishes, and you can even include a nomination of guardian for young children in your will. A will does not go into effect until after you die; before then it is simply a piece of paper containing your private wishes. However, once you have passed away your will no longer remains private, it now becomes a matter of public record, available to anybody who would like to view it, and overseen by the court in a sometimes lengthy and expensive process called probate. [...]

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