Wills

A will is a legal document that declares the name(s) of person(s) that are named to manage an individual’s estate. The declaration also provides for the distribution of that individual’s property at death. In layman’s verbiage, a will states how a person’s assets (real estate and personal) are to be divided after death.

When the courts speak of “Real Property”, it is referring to:

• Land
• Property permanently affixed to land (buildings)
• Property contained within the land (minerals, metals, gems, etc.)
• Property growing on the land (crops, trees, etc.)
• Interest in property (life estate, remainder)

Also included within a will is personal property (personalty). Personalty includes both tangible and intangible assets. Tangible assets may include, but not be limited to:

• Automobiles, trucks, etc.
• Jewelry
• Clothing
• Furniture

Intangible assets include such things as:

• Notes of indebtedness
• Securities
• Leases

The attorneys at Eagle Law Offices, P.S. strongly recommend that any person with real estate holdings and/or substantial personalty draw a will. To navigate the intricacies of writing a will to fully protect yourself and your named beneficiaries requires the assistance of an experienced attorney. With over 21 years combined experience, the attorneys at Eagle Law Offices, P.S. have experience with even the most complicated estates. To assure your final wishes are adhered to after your death, trust the experience of our firm.