Updating a Will After Death of a Spouse
What is a Will?
A will is a legal document that presents an individual’s desires on how they want their estate – property and assets distributed at the time of their passing. The individual’s last will and testament present the name(s) of people who will receive particular parts of the estate. In short, the estate will be distributed to fulfill the requests of the deceased. In the long run, it is important for a will to be in place to ensure your estate is divided in the way you wish.
Updating a Will After a Death of a Spouse
It is difficult to comprehend the agony that comes with the death of your spouse. The years after the passing of your husband or wife are equally crucial. The surviving partner will encounter many decisions in the coming months and years. These decisions should not be made alone. The individual should begin the hiring process for an estate planning attorney immediately and determine if their deceased spouse has a trust set up. Contacting an estate planning attorney is crucial if they do not have a will or estate plan.
A living trust appoints a successor who will deal with your estate at the time of your death or if you become incapacitated. Many people set up trusts to prevent their estate from going into probate (a court process in which a person will legally be appointed to represent the deceased) and other complications. Attorney Paul Jeddeloh will be sure you have all of your bases covered in your legally binding trust. Updating the Will after your spouse’s passing is urgent and should be taken seriously.
What to do when there is no estate plan in place
In cases where there is not an estate plan in place, the surviving partner should contact an estate planning attorney and communicate their situation. Then have an estate plan attorney thoroughly plan out and create the estate plan. Once the estate plan is completed, you can inspect and revise the estate plan as you see necessary.
Need to update your will?
If you need to make changes to a will after the death of a spouse, contacting an estate planning attorney will make the process easy and painless. Do not go through the process alone. Attorney Paul Jeddeloh will help guide you through every stage of the process. Specializing in all areas of elder law and estate planning, he has earned the reputation of being a trusted and experienced attorney. Contact Paul today!
Estate Planning - Updating a Will
A Will is an important document in that it assigns your assets to a specified person or entity. Be sure you understand what is in your will to protect your estate.
Minnesota Law Articles
What are Wills and What are They for?
The primary purpose of wills is to distribute items in the estate - money, items properly, and other possessions after someone has passed away. Without a legal will in place, the deceased person's possessions are no longer controlled by the family but by the...