If you own property and/or hold substantial assets, you need a will to ensure that your intended beneficiaries receive what inheritance you wish to give. Furthermore, wills serve to protect children, allowing you to appoint loving, responsible guardians should you die before they reach adulthood.  

Why You May Want More Than a Will

If you own a home, maintain a large bank balance, or manage a variety of assets, you should consider establishing a living trust along with a will. While both documents are similar, a will allows you to name a guardian and set certain conditions on how your assets will be disbursed after your death; a trust lets you construct more complicated demands.


Philip J. Kavesh
Nationally recognized attorney helping clients with customized estate planning guidance for over 40 years.