Gerome & Hickey PC
Where there’s a Will, there’s a way
Recently I was approached by several of my friends who asked, “Do I really need a Will?” They, like many other young parents, believed they didn’t need one because they did not have enough assets to warrant having a Will prepared. However, if there’s ever a time you need a Will, it’s when you have young children. (Photo by LucasTheExperience) A Will does not just dictate who gets your money at your death. A Will also states who will become the legal guardian of your children if both you and your spouse die and further, who will manage the funds you leave to your children. While no one wants to think about this issue, if you don’t have a Will in place at your death, a Court will determine who gets legal custody of your children. That person may or may not be whom you inten...
