I was reading the January/February 2011 issue of Money Magazine when I came across the “Readers to the Rescue Section.” This particular issue’s question was “Is it okay to stipulate in a will how inherited funds may be spend?” First, thing is first, someone’s will is based on the eventual decedent’s testamentary intent, and if…
This is the second part in my series on Wills. Before going into the types of Wills, remember that everyone needs a will. The easiest type of Will is known as a Simple Will a/k/a “The I Love You Will” (I will use them interchangeably). What is a Simple Will or I Love You Will?…
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