Importance of a will

If you don’t yet have one, now’s the time to start working with your attorney and family to direct how your estate will be administered and distributed.

Protect your family.

Use your will to make provisions to meet your family’s present and future financial needs.

Minimize taxes and delays

Potentially reduce or avoid estate taxes and help avoid delays and the added expense of intestacy proceedings.

Rest easy.

Enjoy the well-being that comes with knowing your beneficiaries will be taken care of.

Types of executors

You’ll need to name an executor for your will – someone to administer your estate and distribute your assets.

Documenting your intentions

Without a will, a state court can make decisions that may not line up with your wishes. A will allows you to:

  • Name a guardian for your minor children
  • Direct trusts to manage the inheritances of minor beneficiaries or those who need asset management oversight
  • Name an executor or personal representative to carry out your wishes

Additional resources

Get current, in-depth information on trust and estate planning.

Estate planning

When a will isn’t enough

Estate planning

Wills: The cornerstone of your estate plan

Estate planning

Protecting your estate from the ravages of long-term care