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Wills:
A Will is a formal and legal statement of your last wishes regarding your property and children. There is an old saying that "if you do not write a will, the government will be happy to write one for you." That means that a person without a Will will have their property distributed and children delivered in a manner devised by statute without regard to your wishes. A Will allows you to designate who will receive the property you own upon death and how that property will be received. Property can be received directly or can be kept in trust for the benefit of your heirs. A Will also designates the person who will be in charge of your probate estate, who will be the guardian of your minor children and who will manage any trust established by your Will.
Without a Will, the laws of "intestacy" dictate the distribution of your assets. That means that the state determines who receives what.
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***Feibleman and Case P.C. provides the above information as a service to potential and current clients as well as continuing education to other lawyers. A person's accessing the information contained in this web site, is not considered as retaining Feibleman & Case P.C. for any case nor is it considered as providing legal advice. Feibleman and Case P.C. cannot guarantee the outcome of any case.
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