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September 24, 2007

Great Example from Mass. About Don't Do It Yourself Wills

A recent case ruling from Massachusetts shows why you should not attempt to do your own estate planning including Wills and Trusts.

The man who died bequeathed 1/5 of his home to 5 people -- one being his wife and the other 4 being his kids. Did he intend for a life estate for his wife or do all 5 have a present possessory interest?

If this sounds confusing, read the opinion here and then consult with your estate planning attorney as soon as possible to get your affairs in order properly.

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