Experienced Attorneys Assist with Drafting or Probating a Will in Boise and Sun Valley
Mathieu, Ranum & Allaire, PLLC represents clients in estate planning matters, including the preparation of wills. In all estate planning matters, we prepare documents tailored to the individual needs and goals of the client.
Wills & Estate Planning
Planning for the future distribution of your assets is important for both you and your loved ones, and can give you peace of mind knowing that all crucial matters, including the care of minor children, will be handled according to your wishes. A will is often the first planning tool you will use to organize your estate, making it important to understand a will's function and purpose. Wills can be of various degrees of complexity and can be utilized to achieve a wide range of family and tax objectives, such as:
- You may designate a guardian for your minor children if you survive the other parent.
- You may designate an executor of your estate.
- You may choose to acknowledge or otherwise provide for a stepchild, elderly parent or other individuals in whom you have an interest.
- If you are acting as a custodian for the assets of a child or grandchild, you may designate your successor custodian.
- You may provide for a charity or other beneficiaries.
The Sun Valley and Boise estate planning lawyers at Mathieu, Ranum & Allaire, PLLC will help you determine which provisions are best suited to your needs and objectives. With proper planning, you can be confident that your wishes will be carried out, even when you cannot see to it yourself.
Do You Need a Will as Part of Your Estate Plan?
A will is an important part of any estate plan, as it provides for the distribution of your property at the time of your death in the manner you choose. If you die without a will, any property not otherwise distributed in accordance with a trust or other mechanism will pass to your heirs, your next of kin, or to the state, according to Idaho's laws governing intestate succession, which may or may not be in accordance with your wishes. It is a common misconception that if you have a trust, you do not need a will as part of your estate plan. Even if you have a trust as the central document in your estate plan, you will still want to have a will to ensure that your entire estate will be distributed in accordance with your wishes. Even if your intention is for your assets to be distributed as instructed in your trust, your trust only covers those assets which are titled in the name of the trust. A will may be used to transfer, or "pour over," any assets not otherwise distributed into the trust.
Contact Mathieu, Ranum & Allaire for Guidance in Estate Planning & Administration
The Boise and Sun Valley probate attorneys at Mathieu, Ranum & Allaire, PLLC have the experience and expertise necessary to safeguard the interests of their clients and their families. If you need assistance with a will or estate planning in Boise or Sun Valley, please contact us to schedule a consultation.