1. A will is a written document that outlines what happens to a person’s property after their death.
2. To have a will, a person does not have to possess a large estate.
3. A will can designate a person as a guardian and/or conservator for the deceased’s minor child or an incapacitated adult.
4. A will does not affect all assets if a different method of transfer is set up, such as community property with right of survivorship.
5. A will can be amended or revoked at any time before death.
6. If a person dies without a will, his or her estate will be distributed according to Arizona law.
7. An experienced legal professional should draft your will.
To learn more about drafting your will as part of a comprehensive estate plan, speak with one of our attorneys today about all of your estate planning needs. Contact us today.