The following article Advantages Of Having A Will was authored by Richard H. Hallstrom, Esq. and is republished in this directory with the author's permission.

Advantages Of Having A Will  by: Richard H. Hallstrom, Esq. Advantages of Having a Will Power to dispose of property according to testator's wishes. Appointment of guardian for minor children. Appointment of executor. Permission to the personal representative (executor) to carry on business, sell assets, make tax decisions. Allocation of death taxes in best way. Elimination of bond of personal representative (executor or administrator). Creation or exercise of powers of appointment. Permits gifts to certain relatives, individuals, or charities, none of which are covered by intestancy laws. Tax saving though marital deductions. Providing for descent of property for children of those who die before testator. Establishing testamentary trusts with spendthrift clauses to protect beneficiary against his of her improvidence. Keeping property out of hands of future spouse of a suvivor. About The Author Richard H. Hallstrom, Esq. was an Estate Planning and Asset Protection Attorney licensed to practice in the state of California. This article was posted posthumously on October 3, 2004 For more estate planning articles see Estate Planning Articles From Plan-My-Estate.com The opinions, statements and information contained and expressed in the foregoing article are solely those of the author. No position for or against, agreeing with or disagreeing with anything contained in said article is taken by Plan-My-Estate.com We do not assume or accept any liability for the use of the information contained herein. This article is published solely as a service to attorneys, lawyers and the internet community. Anyone who does not accept this disclaimer is not authorised to read or use this article in any way. Plan-My-Estate.com - Home Page Set Up ©Copyright 2004 Plan-My-Estate.com. All Rights Reserved Worldwide. In Memory Of Richard H. Hallstrom - 1969-2004