Who wants to think about dying, but.... do you have a valid Massachusetts will?by Atty. Jablonski on 11/12/10
If you were to die tonight, would your family know what you wanted for a final distribution of your assets? If you die without a will, the state of Massachusetts has a family tree in the general laws that dictates who would receive your assets. You worked hard for your money, so don't you think you should be the one who decides who inherits and how much each beneficiary receives?
Consider the following questions and problems that may apply to you and your family members:
- Are there any disputes (even small disagreements) among family members who are your potential heirs?
- Would you like to leave money or property to persons outside of your family, such as friends who have helped you, or non-profit, charitable organizations?
- Do you want to by-pass your children and leave money directly to your grandchildren?
- Is there a personal item such as jewelry or coin collection that you want to leave to a specific person?
- Is anyone of your potential heirs receiving disability benefits or other government assistance that would end or be jeopardized if they inherited money from you?
- Are any of your children married to someone whom you would not want to inherit your money?
- Are any of your children involved in possible lawsuits where they would not want it to be known that they have inherited money?
- Does any one of your children need to receive more of your money than the others? Such as college needs, or more children to support than the others?
These and other problems can be solved by executing a properly drafted will with an attorney. The cost is very reasonable and you will sleep better tonight!