As we all know by now, the Corona Virus is a global epidemic. The advice we receive about food and medicine is very important, but what should people do from a legal perspective? Review your last will and testament or revocable living trust – are they accurate to your wishes? Do you even have those documents? These are the things you want to think about here:
- Is your current executor or trustee able to serve in case of an emergency?
- Is your current executor or trustee still the best person to serve your needs?
- Are your beneficiaries up to date? And are they still alive?
- Should these beneficiaries receive their bequest outright? Or is it contingent? Should this change?
[Read more…] about Covid 19 Legal Concerns