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Basic Will
A Will is a legal document that allows you to designate whom you want to receive your property upon your death. A Will allows you to:
* Leave your entire estate to your spouse.
* Disinherit certain relatives.
* Leave property to nonrelatives.
* Give specific property to specific persons.
* Leave different amounts of property to different persons.
* Designate a personal representative to administer your estate.
* Designate a guardian for your minor children.
* Designate a custodian to manage your children's assets until age 21.
If you die without a WILL, state statute will control the distribution of your estate. You will have no control over who will receive your property, who will be appointed guardian of your minor children, who will act as personal representative of your estate, and many other conditions that are governed by state law.
Lange Law Firm, P.A.
Paramount Plaza III; 7831 Glenroy Rd., Suite 145; Bloomington, Minnesota
55439-3115
Phone: (952) 837-1900, Fax: (952) 835-2236, Email: info@willandtrust.com
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