Between “settlement locations” and “contact us” add “Wills and Trusts”
Wills and Trusts
Creating a Will is something that everyone should take the time to do. Now the process is
more simple than ever. Ward & Taylor has a Wills and Trusts Section dedicated to
providing guidance and service to our clients. If you have questions about how assets will
be distributed after death, we recommend that you schedule an appointment with one of
our attorneys. Relying on an old Will or a form Will may not provide the protection that
your loved ones deserve. The more carefully you prepare, the more successful and less
complicated the process will be. A properly prepared estate plan will give you peace of
mind for years to come.
Distribute Assets- A Will designates who will receive your real and personal property upon your death. Without a Will, your property will pass according to the intestacy laws
of Delaware (or the state in which you live at the time of your death). Designating
beneficiaries allows you to pass assets as you see fit. Assets can be distributed to
individual or to charitable beneficiaries.
Provide for Children- A Will allows you to designate a Guardian and a Trustee for your children. Without a Will, you will have no say in the choice of a Guardian. A Guardian
will provide for the day to day care of your children. A Trustee will make financial
decisions for your children’s health, education and welfare.
Assist Parents- You should find out if they have a Will, Durable Power of Attorney and Health Care Directive. As they get older, having these documents will make your job
much easier as you help them. A Will gives direction on distribution of assets and could
protect your inheritance. Without a Durable Power of Attorney if your parents lose
capacity and cannot act for themselves, you will have to have to go court and have a
guardian appointed wasting time and money. A Health Care Directive allows your loved
ones to express their wishes in advance on whether or not they desired to be kept alive
artificially when there is no hope of recovery. Don’t wait until it is too late.
Planning for Incapacity- A Durable Power of Attorney will allow a loved one to manage your financial affairs in the event of incapacity. Likewise a Health Care Directive
allows your designated person to make medical decisions if you are unable to do so. It
also gives instructions to medical providers on the care you wish to receive.
It is very important to plan for the future of you and your family. It is easier than you
think. The first step is to call one of our attorneys. Based on your schedule you can use
our questionnaire by clicking on the link below or we can schedule a meeting to discuss
your specific needs and goals. We will then prepare the documents you need and
schedule an appointment to put them into effect.
Click here to schedule an appointment
Click here to access our Will questionnaire