Will and Real Estate
At Iyke Kalu Law Corporation, where we understand the profound importance of wills in securing your legacy and providing peace of mind. A last will is a critical estate planning document that not only directs the distribution of your property upon your passing but also ensures that your wishes are respected during your lifetime.
Simple Will
Crafted for straightforward asset distribution, a simple will allows you to designate heirs and name a guardian for minor children. While online forms can be a helpful starting point, seeking legal advice ensures a comprehensive approach.
Testamentary Trust Will
Ideal for beneficiaries like minors, a testamentary trust will establish a trust to manage assets. Conditions on inheritance, such as age-based or other criteria, can be implemented, offering a tailored solution to your unique circumstances.
Joint Will
Executed by multiple parties, a joint will outlines separate provisions for each testator. Typically created by spouses, its inflexibility may pose challenges for the surviving party if circumstances change after one testator’s death.
Living Will
Unrelated to property distribution, a living will focus on medical treatment preferences if incapacitated. It empowers you to decide and name someone to make healthcare decisions on your behalf.