Suggestions for Where to Keep Legal Documents

1.  Last Will and Testament:

Keep the original in the place where you keep your important documents.  It is OK to keep the original in a safety deposit box.  Use careful judgment in deciding whether to give a copy to adult children, since you have the legal right to modify your Will whenever you feel it is appropriate to do so.   If adult children know about versions different from your final Will, it could lead

Brief Description of Three Important Documents

In addition to a properly prepared Last Will and Testament, there are 3 other documents that often are extremely important to a thorough estate plan.   I recommend strongly that each and every client sign a Durable Power of Attorney and a Health Care Power of Attorney, which are explained briefly below.  The choice whether to have a “Living Will” is strictly personal to each client.  I urge you to think carefully about all three.  These 3 documents are every bit as important as a Will!

WHICH IS BETTER: A Will or a Trust?

A revocable living trust (sometimes called by the more formal title of an inter-vivos trust) is a document that is sometimes used as a substitute for a detailed Last Will and Testament.   If prepared properly, if your personal circumstances make it sensible, and if it is customized to your own situation by a skilled estate-planning attorney, it can be extremely helpful.  A living trust is not worthwhile for everyone, however!  Trusts are private documents, as opposed to Wills that become public when filed for pr

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