It is possible to use either a “will” or a “trust” to direct property into the right hands following your death. While wills accomplish little more than that limited goal...
What happens if a parent dies without updating his will or trust to reflect the arrival of a new child?
The only correct short answer is, “It depends.” First, it depends on the wording of the deceased parent’s will or trust. Many such documents specifically provide for after-born children, but many others do not. Second, it depends on applicable law. Every state has a statute that is intended to protect the interests of...