When A Bequest Cannot Be Honored
The need for making a will cannot be overstated, and by now nearly everyone has a good understanding of how important this part of estate planning can be. Unfortunately, many people think of will creation as being a "one and done" sort of thing. A will that is outdated may cause even more problems than having no will at all, particularly when it comes to the issue of ademption. Few people are familiar with this troublesome aspect of wills, so read on to learn more and how important it can be to update your will on a regular basis.