The Last Will and Testament is the cornerstone of any effective estate plan. In many cases, a Will alone can be sufficient to meet the needs and goals of an individual seeking to establish an estate plan. Other cases require more substantial planning documents and tools, including Living Trust and the restructuring of assets. In either case, powers of attorney for financial and health care decisions are essential elements that allow the estate plan to serve a wide range of goals, both during life and after death.
What Can a Will Do?
A Will, or Last Will and Testament, is a legally enforceable document that can be used to transfer, divide, or liquidate assets and property for the benefit of individual beneficiaries, charitable organizations, or other entities. Wills can also include the nomination of a legal guardian for minor and/or special needs children, as well as instructions regarding their care, education, and maintenance.
A Will should identify and appoint a trusted person to act as the Personal Representative of their estate – whose ultimate responsibility is to ensure the wishes and instructions contained in the Will are properly carried out. The instructions and wishes contained in a Will are only effective upon death; any time prior to death a Will can be amended or revoked in whole or in part. For a Will to be enforceable, it must be signed by the maker in the presence of two witnesses and a notary public. These are safeguards are required to ensure the Will was created by a person with sound mind and full mental faculties, and was completed without duress or undue influence.
Why Is It Important To Act Now?
Unfortunately, we generally cannot predict the end of life. Many people fail to establish the most basic estate plan, with the presumption that there will be time to do that at some point in the future. Creating a Will now ensures that your estate is in order, which will surely reduce issues and complications for loved ones as they work through the already difficult process of losing a loved one. Above all else, it provides a sense of achievement and peace of mind knowing that your family will be provided for and wishes will be respected.
Let Us Draft The Will You Need
At Lincoln & Wenk, PLLC, our attorneys will listen to your needs and translate those needs into a valid Will that clearly communicates your wishes in a legally enforceable manner. While we realize there are alternative options available, there is no substitute for having the guidance of a seasoned legal professional to ensure that your Will is valid, meets the legal requirements under state law, and incorporates the intricacies of your particular estate needs and goals. Our focus in serving clients is always to ensure the most personalized assistance and guidance is provided to meet the specific needs of each client. There are few other professional services that require such a personal relationship; we pride ourselves on the cultivation and preservation of those relationships.
Turn to our testimonials page for examples of how we have been able to help people.
Wills and Trusts Attorneys Serving Goodyear, Peoria and the Phoenix Area
When you are ready to discuss and prepare your Will, turn to experienced attorneys; Lincoln & Wenk, PLLC is here to help! To schedule an initial consultation, call 623-748-4890 or contact us online.