Blaine MN Will Planning Lawyer
Purpose of a Will
Everyone knows that the chief intention of a Will, of course, is to transfer assets to the appointed beneficiaries. It is critically 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 also has other important purposes. Having a Will drawn up by an attorney allows the probate process to move faster and be less expensive. A Will may require an informal probate, as opposed to a formal probate. The difference is that in a formal probate, the personal representative is required to appear before court at least one time, and court review is necessary for all actions taken by the personal representative. Also, by appointing the personal representative of your choice in the Will, you can be sure that the person you trust to carry out your wishes and have control over the estate will be able to do that.
Another essential objective of a Will is providing for children who are minors. Parents’ wishes are taken very solemnly by the Court when naming a guardian, and – although the Court must still authorize 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 set up the means to provide for financially for children who are minors or special needs with the creation of 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 begin 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 Blaine, MN with all Will Planning services.
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