Anoka MN Will Planning Lawyer
Purpose of a Will
Everyone knows that the primary intention of a Will, of course, is to transfer assets to the designated beneficiaries. It is very important for all individuals with blended families, or those who have no children, to have a Will made up to ensure that their estates will go to the desired beneficiaries.
But a Will has other important purposes, as well. Having a Will drawn up by an attorney makes the probate process itself faster and less expensive. A Will may call for an informal probate, as opposed to a formal probate. The difference is that in a formal probate, the personal representative is mandated to appear before court at least one time, and court review can be required for all actions taken by the personal representative. Also, by naming the personal representative of your choice in the Will, you can ensure that the person you trust to carry out your wishes and have control over the estate will be in a position to do that.
Another important objective of a Will is providing for children who are minors. Parents’ wishes are taken very seriously by the Court when naming a guardian, and – although the Court must still approve you choice – if these wishes are stated clearly in the Will, you can virtually ensure that the guardian of your choice will gain custody. A Will can also establish the means to provide for financially for children who are minors or special needs by creating a trust that goes into effect after death.
You may download our Will/Estate Planning Information Form from this website by clicking here. If you would like to start the estate planning process, complete the form, and call us at (763) 427-5131, or just send the completed form. My Paralegal will call you and schedule an appointment.
Serving Anoka, MN with all Will Planning services.
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