If someone dies without a written estate plan, a judge determines who inherits their assets. If minor children are included as heirs, they typically would receive 100% oftheir assets outright and unprotected at the age of 18. With a written estate plan, you can specify exactly who your heirs are and have the option to stagger the amounts they receive. Creating a written estate plan is especially important for those with blended families and minor children.
Nationally Recognized Estate Planning Attorney, Author, and Speaker