Find the best products customized for you with free quotes
Contact us to get a free mortgage assessment
Determine your ideal investment strategy with a complimentary Investment Portfolio review.
Personal attention, fully committed to you and your family for life
A legal document with instructions on how you want your stuff divided when you pass.
Instructions on handing out your stuff, naming key people like a Guardian, Executor and Beneficiaries.
Guardian - Someone you appoint to watch over your minor children (under 18) and any assets you leave for them until they turn 18.
Executor (or Will Agent) - Someone who follows the instructions in your Will, including handing out your assets, collecting any debts and paying any bills or taxes.
Beneficiary - Person (or people) who receives your stuff. For example, if you leave a car for your son in your Will, then he’s a beneficiary.
The legal requirement for a Will varies by state. In California, for example, anyone who has personal property worth $150,000 or owns a house (or other real estate) needs to have a Will to distribute that property.
The government has a process for handing out your assets and a court will decide who takes custody of your minor children.
You can change your Will by adding to it (called a “Codicil”) or replacing it entirely (called “Revoking”). Handwritten edits to your Will may not be legally valid and, in that case, won’t be enforced.
Revoking your Will means you don’t want it to be enforced. If you revoke your Will and don’t replace it, then you won’t have a Will.
Estate planning is planning for your family’s future when you pass. Failing to plan can have bad financial and personal consequences for your family. For example, if you have minor children, it can leave them without resources or delay access to your assets. If you own a house, you could pay unnecessary taxes or lose control of how your assets are transferred.
Estate planning can include thinking through legal, financial and personal plans for taking care of yourself and your loved ones. Legal documents and articles from our partner FamilyWise can help. For complicated estates, it is best to consult an attorney.
Subscribe to stay updated on your military benefits and more.
Contact a Representative
Mon - Fri 8:30AM - 5:30PM ET
(Insurance Sales until 7:00PM)
Send us a Question
Copyright 2021 American Armed Forces Mutual Aid Association. 102 Sheridan Avenue, Ft. Myer, VA 22211-1110
The U.S. Government does not sanction, recommend or encourage the sale of these life insurance products. Subsidized life insurance may be available from the Federal Government.
Financial Planning, Investment Management, and Trust Services provided by AAFMAA Wealth Management
& Trust, a North Carolina Limited Liability Company wholly owned by AAFMAA. Physical address:
639 Executive Place, Suite 200, Fayetteville, NC 28305.
Information provided by AAFMAA Wealth Management & Trust LLC is not intended to be tax or legal advice. Nothing contained in this communication should be interpreted as such. We encourage you to seek guidance from your tax or legal advisor. Past performance does not guarantee future results.
Mortgage services provided by AAFMAA Mortgage Services LLC, an Equal Housing Lender and a wholly-owned subsidiary of AAFMAA. AAFMAA Mortgage Services LLC is only available for the financing of residential property in the states listed on our Legal & Licensing page. All loans are subject to credit approval. Physical address: 1 Copley Pkwy, Suite 420, Morrisville, NC 27560. Lender NMLS: 1423968
Legal & Licensing |
Fair Lending Notice |
Terms & Conditions