This Will is useful for a single or married grandparent who has minor grandchildren or who expects to have grandchildren. It continues to be appropriate after the minor grandchildren become adults. Of course, the Will also allows for distributions to your spouse, children, and others. If at death, your estate (including life insurance proceeds) is expected to be larger than the federal estate tax applicable exclusion amount ($3,500,000), it may be desirable to use more complete estate planning techniques that are not provided by this Will. For such cases, this Will can be used to prepare for working with a lawyer who can assist you with the preparation of a more complex will. Note: A separate will should be created for each person. Even for married couples, a "joint will" (not offered by this program) is not recommended. |