What to Consider When Preparing a Will

Page 1

WHAT TO CONSIDER WHEN PREPARING A WILL


1

TAKE A LOOK AT YOUR ASSETS.


Assets to Consider: Money Property Bank Accounts Furniture Jewelry Other Items of Sentimental Value


2

CHOOSE A GUARDIAN FOR YOUR CHILDREN


If your children are under the age of 18, a guardian needs to be appointed. If a guardian is not chosen, the court steps in and makes the decision.


Candidate Considerations:  Family values  Relationship with your child  Financial status  Parenting  Level of responsibility


3

SELECT AN EXECUTER


Executer: The person that will carry out your will and handle all of your business and financial matters after your death.


Who Can Be an Executer?  Relatives  Estate Attorneys  Catanese and Wells *More than one executer is usually chosen


4

DO YOU WANT A TRUST?


Trust: a legal arrangement where assets are held and managed by the trustees on behalf of the beneficiaries until they reach a certain age.


VISIT OUR WEBSITE FOR MORE INFORMATION


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.