Regular working folks have nothing to divide up after their death, right? Wrong. The truth of the matter is that everyone needs a will. Many people make the mistake of thinking that a last will and testament is only for the uber rich, a belief reinforced by the over-sensationalized media and dramatic soap operas.
All jokes and drama aside, this is a myth and buying into this myth can cause turmoil among your family after you've departed. Consulting with an estate planning attorney and writing a will is something that every responsible citizen should do. Read on to know just how important it is to have a will.
Clarify Your Intentions
Only you have the responsibility of letting the government, your relatives and your friends know how your property should be divided and who should get it. If you fail to make these determinations, the state will do it instead, and this usually won't bode well. Given that you won't be there to make sure that everything goes smoothly, this document is going to make sure that your affairs are set aright even if you are not physically around to make this happen.
Once you pass away, your surviving friends and family will want to know how you want your property to be divided. They are going to want to honor your wishes. A will functions as a legal contract that your loved ones and the state must abide by.
Keep the Peace
Your will is a means of keeping relatives at peace. Nothing is worse than family members fighting over property. But, sadly this is exactly what happens all too often. Someone dies intestate, without a will. Then, the surviving family begins arguing over just who deserves what.
Serious legal battles can arise when you do not have a will. Align yourself with an estate planning attorney today so that this isn't an issue that ever occurs.
Keep Family Wealth In The Family
When no will exists, the state authorities have a very strict plan for deciding how property gets appropriated and it does not even think about your wishes and your family cannot express what they believe your wishes to have been.
A will also helps you preserve what you own in the family and give you the ability to decide the best use of it.
Having a will additionally ensures that the right individuals can get the property they are entitled to. This way, they are able to preserve the estate within your family, regardless of its size. If there is some significant value that gets left behind, having a will will allow this to be built upon for generations to come.
Time To Create Your Will
You should not base your hiring decision on advertising alone given that your choice of an attorney is an incredibly important one. Go over references before retaining your attorney.
All jokes and drama aside, this is a myth and buying into this myth can cause turmoil among your family after you've departed. Consulting with an estate planning attorney and writing a will is something that every responsible citizen should do. Read on to know just how important it is to have a will.
Clarify Your Intentions
Only you have the responsibility of letting the government, your relatives and your friends know how your property should be divided and who should get it. If you fail to make these determinations, the state will do it instead, and this usually won't bode well. Given that you won't be there to make sure that everything goes smoothly, this document is going to make sure that your affairs are set aright even if you are not physically around to make this happen.
Once you pass away, your surviving friends and family will want to know how you want your property to be divided. They are going to want to honor your wishes. A will functions as a legal contract that your loved ones and the state must abide by.
Keep the Peace
Your will is a means of keeping relatives at peace. Nothing is worse than family members fighting over property. But, sadly this is exactly what happens all too often. Someone dies intestate, without a will. Then, the surviving family begins arguing over just who deserves what.
Serious legal battles can arise when you do not have a will. Align yourself with an estate planning attorney today so that this isn't an issue that ever occurs.
Keep Family Wealth In The Family
When no will exists, the state authorities have a very strict plan for deciding how property gets appropriated and it does not even think about your wishes and your family cannot express what they believe your wishes to have been.
A will also helps you preserve what you own in the family and give you the ability to decide the best use of it.
Having a will additionally ensures that the right individuals can get the property they are entitled to. This way, they are able to preserve the estate within your family, regardless of its size. If there is some significant value that gets left behind, having a will will allow this to be built upon for generations to come.
Time To Create Your Will
You should not base your hiring decision on advertising alone given that your choice of an attorney is an incredibly important one. Go over references before retaining your attorney.
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