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Home >> Your Children and Your Will

Your Children and Your Will

December 7, 2011 by Robert Kulas. Leave a Comment

If you want to ensure that your children receive the property you want them to receive after you die, you must create a last will and testament with proper estate planning.  Only by creating a valid will can you ensure your wishes are met after you die. However, there are other ways to ensure your property passes to your children apart from creating a will.

Inheritances

If you die leaving behind property and want to pass that property along to your children, you can state in detail how you want that property distributed in your last will and testament. As long as you meet your state’s requirements for creating a will, you can choose any manner of distribution you wish. With limited exceptions, there is no requirement that you leave any property at all to your children.

Disinheritance

Because state law does not require you to leave any property to your children, you can effectively disinherit any or all of your children through your will. However, if you intend to disinherit your children it is probably best to specifically state this in your will as remaining silent about your children may cause problems and could lead a court to determine that your will is not valid.

Intestacy

If you die without leaving behind a last will, known as dying intestate, your children may inherit property under your state’s laws of intestacy. These laws typically divide property to your closest relatives, such as your spouse and your children. How much your children stand to receive if you do not have a will differs between states.

Trusts

If you want to ensure that your children receive as much property as possible before you die, one of the best ways to do this is by creating a trust. By creating a trust you transfer ownership of your property to the trust itself and can choose to allow your children to receive the benefit of that property. Once you die, all property placed with the trust is not subject to the probate process because you technically no longer own it.

Filed Under: Wills and Trusts Tagged With: disinheritance, inheritances, intestacy, trusts

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I have known Robert Kulas for 20 years since I was co-executor for friends who had Mr. Kulas prepare a Trust for them. When I felt I needed a trust also, I came to him. I have always been completed satisfied with his work and that of his charming, competent staff.

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Mr. Kulas and his staff have been extremely helpful & knowledgeable for the over 3 years we have been associated. They are easy to talk to and explain everything without feeling rushed. Very competent and professional.

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Robert Kulas and staff made making a will an easy to understand process. They were very knowledgeable and attentive to my wishes. All my documents were provided in an organized binder which will be a great asset to my family. I would definitely recommend them.

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Everyone treated us extremely well.  Robert explained how a trust works and the benefits of having one.  We decided to move forward and complete the process.  He was very kind and knowledgeable.  Julie was also very helpful and very patient with our questions.  We felt very comfortable with this firm handling our affairs.  We would highly recommend this firm to our friends and family.

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"Everyone treated us extremely well.  Robert explained how a trust works and the benefits of having one.  We decided to move forward and complete the process.  He was very kind and knowledgeable.  Julie was also very helpful and very patient with our questions.  We felt very comfortable with this firm handling our affairs.  We would highly recommend this firm to our friends and family."

Janice M
Client Review
August 25, 2020
    

Robert Kulas and staff made making a will an easy to understand process. They were very knowledgeable and attentive to my wishes. All my documents were provided in an organized binder which will be a great asset to my family. I would definitely recommend them.

Krissy L.
Client Review
August 25, 2020
    

I have worked with Mr. Kulas & staff before. And they are very professional. I am very satisfied with Mr. Kulas and his staff and give them the highest satisfaction and 5 star rating.

Leo C.
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August 25, 2020
    

Mr. Kulas and his staff have been extremely helpful & knowledgeable for the over 3 years we have been associated. They are easy to talk to and explain everything without feeling rushed. Very competent and professional.

Mildred W.
Client Review
August 25, 2020
    

I have known Robert Kulas for 20 years since I was co-executor for friends who had Mr. Kulas prepare a Trust for them. When I felt I needed a trust also, I came to him. I have always been completed satisfied with his work and that of his charming, competent staff.

Joan C.
Client Review
August 25, 2020
    

We began our estate plan process in 2004 (12 years ago) and have been pleased with the periodic reviews we have gone through and when changes have been needed the firm has been thorough and professional in making those changes.

L.G.K.
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