Archive for April, 2012

Disinheriting Your Child From Your Will

Thursday, April 26th, 2012

As parents, individuals are required to put their child’s needs and wants over their own. Most of the time parents follow through and make sure that their children are taken care of each and every day, even after they have moved out of the house and have started a family of their own. However, sometimes these children can expect a little too much out of their parents who have been there for them through thick and thin. However, many parents today are beginning to take a stance on many things in their life including their will.

Most children think that just because they are the offspring of their parents that they will automatically be included in the will. Naturally, children are the ones that are included in a will first and foremost. Today, however, parents are beginning to remove their children out of their wills. Why though? Parents usually disinherit children for a few reasons such as personal issues, strained relationships, and money problems.

When you as a parent want your child disinherited from your will it is extremely important to make that aspect very clear, and well understood. When you are updating your will with the intention of disinheriting your child you need to make sure that an individual who is reading the will years down the road after you have passed away understands that the child has been removed from the will and not simply forgotten. Many cases can be seen that parents have removed children from their will, and not made the circumstances clear, which has resulted in the child being reinserted back into the will appropriately.

Your will is a very important aspect of your life now and later. It is giving financial support and assets to your family after you have left. When you have worked hard all your life for your valuables you owe it to yourself to make sure that the possessions will be in the right hands when they will no longer be in yours.

Make sure to consult an experienced probate attorney today in order to make sure that your will, and your children’s inheritance is handled appropriately and correctly.

In this day in age you need an individual you can count on, and at the Law Offices of Thomas D. Reino you get what you see. For more information on business law, or to get business law legal council please contact us by either phone at 817.303.2133, or by fax at 972.264.0891.

Understanding Your Will

Thursday, April 12th, 2012

Today, we live in a world that is constantly throwing us “curve balls”, which we can never expect. However, we can expect the things that we know about life: birth, growth, and ultimately death. When going through either stage of life you need to make sure that you are properly taken care of, and always understand what needs to be done at the end of the day. When we are born we rely on our parents and family to take care of us, which covers most of our expenses. As we grow, our independence grows as well and leaves us with more responsibility. However, what should you do to make sure that your loved ones are cared after when you are not here?

Many individuals are familiar with the role of a will, and its actual purpose. One, or multiple family members make a will, which distributes that family member’s assets, property, and money to other family members or friends. However, would you be surprised if I told you some older individuals still do not have wills made?

When individuals do not have wills made they are simply leaving it in the hands of a court, or legal entity to decide who gets what. While small families usually do not have an issue with this method many large families are easily left almost with nothing at the end of the day. Without a will, something that you intended for a spouse, or child for sentimental or other reasons can easily be given to someone else, or just pushed under the mat.

Wills are there to make sure that your family members are taken care of after you are no longer with them, whether it is insurance, putting a roof over their heads, or simply making sure that they have a book that inspired you to hopefully inspire them.

When making a will, an individual needs to seek a highly experienced, and dedicated probate attorney in order to make sure that their will is air tight. Remember, you want to make sure that your possessions are handled as you and your family would want them. When you make a will now you are showing your family how much you truly care about them.

In this day in age you need an individual you can count on, and at the Law Offices of Thomas D. Reino you get what you see. For more information on business law, or to get business law legal council please contact us by either phone at 817.303.2133, or by fax at 972.264.0891.