Have you been putting off creating your will? If you have yet to handle this important planning, now is the time to do so. Without a will, you won’t be in control of your estate’s affairs. A will is one of the most important planning documents that keep you in control.
Take a look at the information below to learn the 4 reasons why you need a will. If you have any questions, or if you’d like to execute your will, meet with an estate planning attorney.
- Provide greater peace of mind. It’s important to feel confident as you go throughout life’s many adventures. Without a plan in place, you and your loves ones may have fears about the future. Taking the time to create a will can help to give everyone a greater peace of mind. Knowing that you are prepared for emergencies will allow you to live life to the fullest.
- Protect your children. It can be difficult to think about not being able to care for your children, but it’s important to carefully choose a guardian (and successor guardians.) With the use of a will, you can appoint a trusted, responsible, and loving guardian for the care of your minor children.
- Decide how your assets will be given to your beneficiaries. It’s important to choose how your assets will be distributed after your death so that your wishes are respected and the right people receive your property. With a will, you’re able to outline how assets will be distributed. Without a will, you are not in control and your assets are distributed based on your state’s intestacy laws.
- Choose who will handle your estate’s affairs. There are many responsibilities that must be handled after your death. You likely want to make sure that you’re able to choose a responsible, caring, and reliable individual to handle these duties. This allows you to know that your private affairs are in good hands.
Take the time to create your will so that you children are protected and you are in control. If you have any questions, or if you’re ready to execute a will, consult with a qualified estate planning attorney.