“Thought for the Day” #719 – by Stephen R. Elville, J.D., LL.M.

May 11, 2016

Reasons for having a will include providing certainty for loved ones, avoiding the statutory scheme of distribution (intestacy, to be discussed in tomorrow’s blog), naming guardians for minor or disabled children, appointing personal representatives and trustees, avoiding disputes between family members, providing for the protection of spouses, children, and other beneficiaries, setting forth your intentions and carrying out your special purposes, addressing estate and income tax issues, and more.