If you have minor children, you need a Last Will and Testament. One common misconception is that a Will is unnecessary if you don't have many assets. However, that is not the case. A Will serves many purposes other than setting forth your wishes for distributing your assets upon your death. When you are the parent of a minor child, a Will is your tool to designate a guardian for your minor child(ren) in the event of your untimely death. Your Will can further establish a Trust to ensure that your children are financially provided for and your assets are distributed to them periodically as needed for their medical needs, school needs and living expenses.
While no one wants to think about the unexpected, establishing your Last Will and Testament will ensure that your children are financially provided for and cared for by a family member or friend of your choosing. Contact J. Aldrich Law, P.C. today for a free consultation. We offer reasonable rates and can provide you with some much needed peace of mind.