Q: What do I need to do to make a legal document that in case of death of my husband and myself at same time who inherits
We want to make sure legally that only 2 of my children and 1 of his split everything 3 ways and for it to be legally binding
A: It's called a will. It would be best to hire an attorney to do a thorough review of your situation and put together an estate plan.
A: You need to create a Last Will and Testament and/or Revocable Trust to accomplish your goal. If you want to ensure that one child is disinherited I highly recommend that you utilize the services of a legal expert and not an online form. In the alternative, you could title your financial accounts as Pay-on-Death directly to the two (2) children and exclude the third child.
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A: You need a pour over will into a revocable trust. The will addresses simultaneous death of spouses for estate planning purposes and who inherits in the event of simultaneous death.
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