Pa Last Wills and Asset Titles? - Wills and Probate Legal Blogs Posted by John B. Whalen, Jr., Esq. - Lawyers.com

Pa Last Wills and Asset Titles?

~ ~ ~

Be aware that a Will may not dispose of all of your assets at your death.

For more from my Website: http://johnbwhalenjr.com/

~ ~ ~

~ ~ ~

~ ~ ~

~ ~ ~

Perhaps to the contrary, a Will disposes of your assets that are titled in your name alone and that have no beneficiary designations.

Consequently, a Will does not control two, potentially and enormously valuable, categories of assets.

A Will does not control (or dispose of) assets that have: Joint Owners (i.e., joint accounts, joint real estate, etc.), as they pass to the surviving owners (via Property Law), and/or Beneficiary Designations (i.e., annuities, retirement plans, etc.), as they pass to the named beneficiaries (via Contract Law).

~ ~ ~

Be aware that a Will may not dispose of all of your assets at your death.

For more from my Website: http://johnbwhalenjr.com/

~ ~ ~

View Attorney Profile

John B. Whalen, Jr., Esq.

Licensed since 1990

Member at firm John B Whalen Jr Esq

AWARDS

AV Preeminent
Champion Badge Platinum

RECENT POSTS

  • Pa Living Wills and Surrogates?
    Posted on November 1, 2009
    Topic: Living Wills

    ~ ~ ~ Pa Living Wills and Surrogates? For more from my Websites: http://johnbwhalenjr.com ~ http://whalenwillslaw.com ~ ~ ~ ~ ~ ~ ~ ~ ~ Document Purposes A Living Will grants your Surrogate (Fiduciary) the ability to execute your end of life decisions. Fiduciary Traits Your Surrogate (Fiduciary) under your Living will should be able and willing, first and foremost. ... Read more

  • Pa Powers of Attorney and Agents?
    Posted on November 1, 2009

    ~ ~ ~ Pa Powers of Attorney and Agents? For more from my Websites: http://johnbwhalenjr.com ~ http://whalenwillslaw.com ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ Document Purposes A Power of Attorney grants your Agent (Fiduciary) the ability to control all of your affairs. It is a very powerful document; it permits your Agent the broadest of powers ... Read more

  • Pa Last Wills and Executors?
    Posted on November 1, 2009

    ~ ~ ~ Pa Last Wills and Executors? For more from my Websites: http://johnbwhalenjr.com ~ http://whalenwillslaw.com ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ Document Purposes A Last Will grants your Executor (Fiduciary) the ability to administer your Estate at your death. Fiduciary Traits Your Executor (Fiduciary) under your Last Will should be able and willing, ... Read more

John B. Whalen, Jr., Esq.

Licensed since 1990

Member at firm John B Whalen Jr Esq

AWARDS

AV Preeminent
Champion Badge Platinum

RECENT POSTS

  • Pa Living Wills and Surrogates?
    Posted on November 1, 2009
    Topic: Living Wills

    ~ ~ ~ Pa Living Wills and Surrogates? For more from my Websites: http://johnbwhalenjr.com ~ http://whalenwillslaw.com ~ ~ ~ ~ ~ ~ ~ ~ ~ Document Purposes A Living Will grants your Surrogate (Fiduciary) the ability to execute your end of life decisions. Fiduciary Traits Your Surrogate (Fiduciary) under your Living will should be able and willing, first and foremost. ... Read more

  • Pa Powers of Attorney and Agents?
    Posted on November 1, 2009

    ~ ~ ~ Pa Powers of Attorney and Agents? For more from my Websites: http://johnbwhalenjr.com ~ http://whalenwillslaw.com ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ Document Purposes A Power of Attorney grants your Agent (Fiduciary) the ability to control all of your affairs. It is a very powerful document; it permits your Agent the broadest of powers ... Read more

  • Pa Last Wills and Executors?
    Posted on November 1, 2009

    ~ ~ ~ Pa Last Wills and Executors? For more from my Websites: http://johnbwhalenjr.com ~ http://whalenwillslaw.com ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ Document Purposes A Last Will grants your Executor (Fiduciary) the ability to administer your Estate at your death. Fiduciary Traits Your Executor (Fiduciary) under your Last Will should be able and willing, ... Read more