vafoodie
Recycles dryer sheets
Is there any need for a lawyer to draw up a will if we have one spawn who gets it all? Anyone want to point me to resources?
No need. You'll be dead before any problems arise and you won't care.Is there any need for a lawyer to draw up a will if we have one spawn who gets it all?...
Is there any need for a lawyer to draw up a will if we have one spawn who gets it all? Anyone want to point me to resources?
A will specifies how assets are to be distributed. A will can establish a trust ("testamentary trust" aka irrevocable trust) that can receive and manage assets that are not to be immediately distributed. We have testamentary trusts in our plan, for example, to hold, manage, and distribute money for minor grandchildren and for a son who has no financial acumen, would be a sitting duck for hucksters. He is glad we are doing it.I thought a trust is what you need