LAST WILL & TESTAMENT
What is a Last Will & Testament?
A last will and testament is the cornerstone of a good estate plan. It’s a legal document that sets how your assets will be handled in the event of your death. Wills can vary in complexity, but every will establishes who will inherit your property, how and when it will be transferred, and who your personal representative/executor will be.
The Importance of a Will
Creating a will gives you the power to decide how your assets get divided and who receives them. Without a will, your assets will be divided up according to state law, which may not align with your own wishes. A last will and testament gives you the peace of mind that your loved ones receive what you want them to have in the event of your death.
Last Will & Testament Prep with LegalShield
While it may feel daunting, creating a will doesn’t have to be a difficult task. With a LegalShield membership, you have access to an experienced estate lawyer to help you with the ins and outs of preparing your will.Every LegalShield membership comes with:
- Last Will & Testament Preparation
- Annual Reviews and Updates to your Existing Will
- Creation of a Testamentary Trust for a Minor (if included in the Will)
- Will Preparation for Covered Family Members
From the CEO
"A simple will runs about $300 to $1,000 and the more complex wills that tend to also require an estate planner can be $5,000 and up to $10,000 or more. For comparison, a LegalShield membership with will preparation for a simple will starts as low as $20 a month."
The information provided is specific to residents in the United States and is intended to be recommendations only and not meant as legal advice.
Matt Casto, Father of 4,
After the birth of their first child, Matt and his wife wanted to update their will. As members, they didn’t have to worry about how much it would cost. A quick call to their attorney allowed them to easily update their will and provided them with peace of mind.*