Your Last Will and Testament

Everyone should have a Last Will and Testamant. This is the document that defines, for those that outlive you, what you desire to to have happen to your estate in the event of your death.

In the absence of a Will, the probate court in your state is likely to take over and try to second guess what your desires were. This process, called "Probate" can be very expensive and time consuming for your loved ones and many times can eat up many of the resources in your estate. Your Will is the document that overrides the need for a government agency to determine the distribution of your personal items and assets. Your Will document will likely have to be filed with the Probate court by the administrator or executor of your estate, but the court will recognize your wishes and further see to it that they are followed.

Among the issues that are included in your Last Will and Testament are:

- Your appointment of an Executor and/or Administrator for your estate and whether or not that person will be paid from the estate.

- How you wish to care for your survivors, should any of them require day-to-day assistance.

- How you wish for your property to be disposed of.

- How you wish your personal items to be distributed

- How you wish you money and other assets to be distributed.

- Any other wishes that you wish for your survivors to be made aware of in the event of your death.

A valid Will must be dated and witnessed. This ensures that those surviving you know that this document contains your wishes as of a certain date in time and that any Will that you executed at a later date supercedes this one.

For peace of mind and security, please make sure that your Will is in order as soon as possible.

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