Many of us know what a will is. However, most of us don’t want to think about our death. This means that many people put off creating their final will and testament. While it is grim to consider this, there is no guarantee that we will have tomorrow. That is why it is so important to have an established document, or will, in place. Furthermore, there are many benefits to having a verified will prepared for when you pass.
James H. Horton Law Firm, P.C. can help explain these benefits. Thankfully, creating a will is a fairly simple and affordable legal process.
Leaves a Guide & Instructions
The whole purpose of having a will is to leave specific instructions about the care of your estate after passing. Without one in place, the courts will determine where your property and assets go. This means they could end up in the wrong hands. However, in your will, you have the ability to specifically state which items will go where. You can dictate that friends, children, or other family members are to be the recipients of specific items.
Less Stress for Loved Ones
As mentioned previously, without a will in place, it is up to the courts to make decisions about the division of assets. However, family members may not agree with the choices made by the judge. There is a possibility for disputes between family members, causing stress to build up throughout the probate process. When there is a will in place, your family members will have your word to go by, creating less stress overall.
Care For Children & Pets
If you have children or even pets, you can also ensure that they receive the proper care through your will. If you don’t have a will, they could end up in the care of someone that you do not trust. When naming someone as a caretaker, you should always clear it with them first. That way you know that they are prepared in the event something occurs.
A Quicker Probate Process
When there is no will, the probate process can become more complex. Matters will have to be taken to court in order to reach a fair agreement. This means that it will take up more time for your family and loved ones. However, when you have a will, the courts can start the probate process and begin working on things with the executors of your estate.
Need Help Writing Your Will?
While it may seem simple enough to write a will, it is not something you should do without legal guidance. An attorney can help ensure that you meet all of the requirements, so your will is valid. James H. Horton Law Firm, P.C. is experienced with estate planning, and is ready to help you through the process.