Redo Wills after Divorce

What is a Will?

Generally speaking, a will is a legal document that coordinates the distribution of your assets after death and can appoint guardians for minor children.

When there is no will

Without a will, the state in which you reside decides how to distribute your assets to your beneficiaries according to its laws. This is known as dying intestate, and the resulting settlement process may not produce the results that you would prefer for your survivors. You can prevent this from happening by having documents drafted that reflect your wishes.

Contents of the will

 A will generally includes:

• Designation of an executor, who carries out the provisions of the will.
• Beneficiaries—those who are inheriting the assets.
• Instructions for how and when the beneficiaries will receive the assets.
• Guardians for any minor children.

At lease start with basis will, durable power of attorney etc. and redo it later with Estate Attorney.