Buying a New Home? You may want to think of some Estate Planning at the same time…

Q. I’m getting married and purchasing a house.  I would like to have a will prepared at the same time.  What kind of questions will you ask when we meet?

A. The preparation of a will often requires some thought and consideration.  By the time the will is probated, you will not be able to make any changes – so do take the time required now to seriously consider the following:

Will you be married when you purchase the home?

Will you own the property with your spouse?

How will you hold title to the property?

To whom do you want your assets to go?

Do you have wishes as to specific bequests?

Do you have children?  Are they minors?

Who will be their guardian?  Their trustee?  Alternates?

Who will be the Executor of your estate?

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Published in: on June 13, 2011 at 2:15 pm  Leave a Comment  

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