Ultimate Guide to Wills And Why They Are Important

“When is it best to set up a will?

There is never a better time to draft a Last Will and Testament than now, as death, in many cases, is unexpected. This document names the administrator of your estate, the guardian of your minor children and ensures that your assets pass to your beneficiaries at the time of your death. Have a conversation with your appointees to ensure they will accept and act in the roles upon your death.

You should revisit your estate plan after major life changes, such as marriage, the birth of a child, death, major health issues or divorce. You may want to consider updating the order of your appointees due to changes in circumstances.”

Read read more from Shelly Bailey in “Ultimate Guide to Wills And Why They Are Important.”