Although it might sound like a three-dimensional image, a holographic will is simply a will that is completely handwritten and signed by the testator, the person leaving instructions on how his or her estate should be distributed at death. West Virginia and just over half of the remaining states recognize handwritten wills. But state law sets out specific requirements for a holographic will in West Virginia to be valid, and testators should use caution in choosing to leave direction to family and loved ones in this manner.
Many people correctly think of benefits for seniors as including retirement accounts and Social Security benefits, but few carefully consider how to incorporate all available elder benefits into their retirement plans. This blog is the first in a series of five outlining basic types of elder benefits to consider in establishing a comprehensive retirement plan. The first blog covers the importance of including employment benefits in your estate planning.