wills and trusts
Wills and trusts attorney
I provide services to individuals seeking to have wills and trusts. Below is my office information.
I SUGGEST YOU REVIEW THE OUTLINE BELOW AS TO THE
REASONS TO HAVE WILLS and TRUSTSMy website is-- http://wills-trusts-attorney.law.officelive.com
LAW OFFICE OF MAURICE LARIVIERE, JR
200 MERRIMACK STREET, SUITE 202D
OFFICE PHONE (978) 373-4044
When it comes to estate planning, wills and trusts are essential tools. A prevailing common misconception regarding this subject is that only the wealthy are concerned with wills and trusts. However, the fact of the matter is that estate planning is a necessary for all people. An estate plan provides the legal mechanism for transferring property upon your death in a manner which recognizes your wishes and the needs of your survivors. For many people it also involves creating a plan which will take care of essential obligations and affairs in case of disability and critical personal medical choices which sometimes must be made towards the end of life. Estate planning is not merely for the prosperous, it is necessity for anyone who wishes to be taken care of in old age and ensure that loved ones are cared for once you pass.
When constructing a will, a person legally defines and declares how their property will be distributed upon their death. A will does not go into effect until the author, known as the testator, dies. Up until their death, the testator can revoke or change their will at any time.
Should you die without a will, it is the responsibility of the state to distribute your property to your heirs according to that state's intestacy laws. The statutes might call for the distribution of your assets and property in a manner that is similar to what you desire. Then again, they might not. IN ANY INSTANCE do you want the government controlling your assets. ANSWER NO