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If You Write Your Will

April 13, 2006

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If you execute a will during your lifetime, you exercise control over what happens to your property — including your business — after your death. If you don't do this, the state in which you live in effect will write one for you. Unless you have no interest at all about what will happen to your property after your death, this is something that should be avoided.

When you have a will, you can control:

• Who will get your property.
• What property to give.
• How much to give.
• How you can restrict the bequest if you wish to do so.

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