Simple Will Information Sheet (Page 2 of 3) in pdf

Simple Will Information Sheet Page 2

you, leaving part of the estate to pass to minors. While in Trust, the Trustee can use the

funds to support and educate the beneficiary. You should consider letting the Trustee

manage funds even longer. Some clients release funds at age 21, 25 or 30. You might also

consider releasing the share of a beneficiary in multiple installments if the distribution is “too

much” to give in one installment or if you think a descendant might not preserve the funds

well. Please advise us how to disburse funds for a young beneficiary:

In _____ installments, _____ years apart, beginning:

At age 25 or college graduation, whichever comes first.

At age _____ (insert your preferred age for first distribution).

As follows:

Alternate. If none of your intended beneficiaries survive, how would you leave the estate:

To my heirs at law (parents, siblings, nieces and nephews, etc…)

To the following charity or charities:

As follows:

Other Disposition Plans. If your intended disposition is more complicated, this form may not

work for you (your Will may not really be a “simple” Will.) Please send us a memo

outlining how you want the estate distributed. We will advise you before doing any work of

any cost differential.

Personal Representatives

Try to provide multiple backups. If you want multiple people serving together, list them on the

same line. List in order by your preference.

Executor:

Trustee:

Guardian

(for minor

children):

Durable Power of Attorney (agent for financial and business matters):

Simple Will Information Sheet Page 2