August is national Make A Will Month, and a good time to make sure that your planning documents are in place. Just under half of U.S. adults say that they have created a will or plan for how they would like for their estate to be handled after their death. The Trusts and Estates attorneys at Weintraub Tobin have written frequently on this blog about the importance of having an estate plan, and about the difficulties (and even litigation) that heirs can face when a will is not in place.
If you have not created a will (or if your documents need to be updated), this is your month! Here are some resources:
But I’m Too Young to Have a Will!, by Carlena L. Tapella
With Right of Survivorship – or Perhaps Not? by Carlena L. Tapella
And You Are? Long Lost Relatives Need to Prove Up Their Entitlement to Inherit by Danielle Diebert
For assistance with a will or estate plan, please contact us.