“Thought for the Day” #724 – by Stephen R. Elville, J.D., LL.M.

May 18, 2016

A will is a legal roadmap that directs the disposition of one’s tangible personal property and intangible property, identifies specific bequests (if any), sets forth how the residuary or balance of property will be distributed, and provides for a contingent or ultimate plan of distribution should unforeseen circumstances cause a catastrophic failure of the planned distribution(s).