Simple Wills & Codicils

Your last will and testament provides the opportunity to distribute your property and finances, establish care for your children and otherwise express your wishes upon your death. A will is the primary means by which you can leave property to a person or entity other than a blood relative, such as a domestic partner, a friend or a charity. If you die without a will, the court determines how your estate is distributed, making decisions that might not reflect your desires. I can draft clear, legally sound wills that include considerations for:

• Property — Real estate is typically the most valuable property a person or couple owns. Wills can include instructions for all kinds of property, from homes, automobiles and art to sentimental objects.

• Financial assets — A wide array of financial assets can be accounted for in a will. You can choose how the wealth you hold in bank accounts, stocks, bonds, retirement plans and other sources of value should be distributed among your beneficiaries.

• Child guardianship — Your will allows you to make contingency plans for the care of your minor children. This is especially crucial if you are a single parent, but couples should also consider whom they want to raise their children if both parents pass away. You can also make arrangements in your will for the care of your pets.

• Executor responsibilities — Your will can include instructions for who should be in charge of overseeing the distribution of your property and seeing to it that your wishes are carried out.
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As your life unfolds, your circumstances and concerns may shift. To remain current, you should review and update your will intermittently. I can advise you on your will in light of your current finances, marital status and family situation. Kevin D. Thayer, Attorney at Law can also add valid supplements (known as codicils) that address changes in your state of affairs and outlook.