ELVIS HAD A LAST WILL & TESTAMENT -- SO SHOULD YOU.
LEGAL NEWS YOU CAN USE FROM THE DESK OF MICHAEL S. BAILEY, ATTORNEY-AT-LAW.
If you have questions, call me at (513) 631-0022.
Everyone should have a Last Will & Testament. Even Elvis Presley knew he had to have a Last Will & Testament to plan for his estate.
A Last Will & Testament is used after your death for the following issues:
1. To cancel any prior Last Will & Testament.
2. To designate the specific disbursement of your assets.
3. To nominate an executor for your estate.
4. To nominate a guardian for your minor children.
5. To establish a testamentary trust and to nominate a trustee for your beneficiaries under a certain designated age; or for beneficiaries who may need assistance with the management of his/her inheritance from your estate.
6. To be used for your overall estate planning.
Without a Last Will & Testament, the State of your final residence has laws to decide how your assets are distributed and who shall serve as the executor of your estate.
You have a choice just like Elvis did. Don’t let the State decide these issues for you. If you do not have a Last Will & Testament, we can help prepare one for you.
This insight into the law is provided by Michael S. Bailey, Esq. of the law firm of Bailey & Gunderson Co., L.P.A., with offices in Norwood and Western Hills. Phone: (513) 631-0022.
