The Will

A will outlines what will happen to your property after you pass away.  You nominate a personal representative, sometimes referred to as an executor, to carry out your wishes.  A will does not avoid probate but there are some distinct advantages to drafting a will. 


First, a will allows you to nominate who will act on your behalf.  This person, known as a personal representative, will be responsible for filing court papers (usually accomplished through an attorney), paying off final bills, and ultimately distributing the funds to your intended beneficiaries. 


Second, a will allows you to direct your assets to the beneficiaries you want and in the method you desire.  For example, you can disinherit an heir, create a trust for an heir who may not be able to manage finances for themselves, give to charities or people who are not natural heirs. 

Third, a will generally makes probate less expensive because you can opt to waive bond so long as your personal representative is trustworthy.


For more information about a will or estate planning, please call NW Estate Law, LLC (503) 445-2232 or email to schedule a meeting with attorney Meredith Williamson.