In my line of work as a Notary Public for the State of Michigan (bonded and insured with annual background checks) – I unfortunately see and hear end-of-life stories from family members. Stories of how someone never created a Will, a Will was created but could not be found for a variety of reasons (deliberate destruction, actual loss, attorney no longer practices, etc.), or there were questionable actions surrounding changes in a Will. Vault Keepers offers a solution for individuals and families, ensuring that final wishes are maintained in original condition, and distributed accordingly upon the passing of our Contract Holder.
My husband and I married in 2006, combining not only a family of “his” and “mine” – but also creating “ours” in 2007 with the birth of our son. In addition to the children, we held a variety of individual assets, and anticipated acquiring many combined assets in the future.
With my mobile notary company (TKS Mobile Notary) that deals with personal and private information on a daily basis and my husband’s experience with his brother’s funeral home; we understand the confidential and sensitive nature of Estate Planning documents. Not only from the personal private information contained, but also the emotional challenges people face while grieving the loss of their loved one. Those real life, first hand experiences lead the way to the formation of Vault Keepers.
Recently we posted an article “When Should Update Your Will”. Not every change requires a new Will to be created, therefore at times a simple Codicil can be created for the existing Will. A Codicil is a document that amends specific provisions of the Will, while...
It is not uncommon for individuals, once they have created their Estate Plan, to not think about it again for many years. By not keeping your Estate current, the biggest complication that can occur is that your assets are not distributed as you would like them to be....
Changes to your marital status, whether it be a divorce, new marriage or passing of a spouse, your Will could be impacted depending on the state in which you reside. This impact is based on state laws called “Intestacy” (see our blog Intestate Succession Laws) as well...