Understanding Your Last Will and Testament
A last will and testament is a legal document that sets forth the maker’s desires and instructions as to how his or her property is to be distributed upon his or her death.
The probate court supervises the administration of a will to ensure the terms are carried out. A will only controls the disposition of assets owned by the deceased person in his or her name alone, without a co-owner or beneficiary. Each will is unique and should reflect the wishes of the maker.
Using a Will to Make Your Wishes Known
Attorneys Bruce Favret and Elizabeth Favret guide and assist their clients in creating estate plans that truly reflect their wishes and desires. They educate their clients on the various options to accomplish their goals and objectives.
Your will may include the following provisions:
- Appointment of an Executor
- Appointment of a Guardian for Minor Children
- Trust for Young Beneficiaries
- Disposition of Assets - Including:
- Financial Assets
- Heirlooms, Personal Property and Other "Stuff"
- Specific Bequests (Gifts)
- Care of Pets