Legal Question in Wills and Trusts in Georgia
Need for will
My wife and I have all our assets in joint accounts and retirement accounts that we have each other designated as primary beneficiaries and our daughter as the secondary beneficiary. Do we even need wills?
3 Answers from Attorneys
Re: Need for will
Not necessarily. It sounds like you have done a good job as far as far as avoiding probate is concerned. However, I always advise clients to get a will as a backup in case there is some unexpected problem. Consult with a local attorney about reviewing your entire situation. FWIW, I charge $450.00 for wills, EACH for husband and wife. I would imagine most attorneys are in the same range.
Re: Need for will
Probably, and if your daughter is a minor, you may have done some incredibly dangerous misplanning in naming her a beneficiary.
Almost everyone will have some assets that need probate. For example, if you have a personal injury settlement near your death, own a car, and so on.
See a lawyer to evaluate your plan. If you're near us, call us.
Re: Need for will
I should add that wills are very inexpensive. If we do a husband and wife at the same time, a simple will for each can be a total as low as $250. If there is a minor child or something unusual, fees may be a bit higher.
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
