| We
are sometimes contacted by clients who indicate that they believe that
their estate is too small and therefore they just need a "simple will."
Because they believe that they need a "simple will," they also assume
that the legal expenses associated with the preparation of such a will
should also be correspondingly simple. There are a number of issues which
often make the preparation of a will the most critical planning tool that
clients can utilize. The task of assessing the family assets, the planning that should be done in connection with the disposition of those assets upon death and even the planning that can be done prior to death make the task of preparing a will no easier simply because an estate of a person is smaller than others. |
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In assisting our clients in preparing a will we help them evaluate the consequences of one particular estate planning tool such as a will versus others that may be available, for example, powers of attorney for asset management or advance health care directives. (See these practice areas for more information).
©2000 PS&P