Why You Shouldn’t Wait to Write Your WillWednesday, August 28th, 2019, 11:09 pm
Many people find the idea of writing their will a little morbid. After all, it does mean acknowledging that you’re going to die someday, and that’s not a pleasant thought. But putting off writing your will isn’t a good idea, even though it does mean thinking about things you might otherwise not want to contemplate. If you don’t, your heirs are going to be left with a large mess to deal with. Here are some reasons why you shouldn’t wait to write your will.
You Could Die Unexpectedly
Accidents happen every day. Unfortunately, people die in car crashes, from falling, from undiagnosed health issues, and from many other unexpected events. If you don’t have a will in place, your estate is now in the hands of the court, and you have no idea who will get your assets. Many younger people believe they have decades to write their wills, but sadly, that’s not always the case. Remember that wills can always be amended or even completely canceled and redone, so there’s no harm in writing one today.
You Can Protect Your Heirs
You don’t want your heirs going through a long probate process or having people challenge your wishes. If you have a will in place, the entire process will be much easier. Having a will in place means that your wishes have been laid out in a clear and precise manner, protecting both your wishes and your heirs from court battles.
A will is also a place where you can lay out instructions for the care of your children or your pets. This allows you to ensure that your loved ones are protected by people you trust.
Your Assets Will Be Divided as You Wish
If you die without a will, you have no control over who gets your assets. In fact, it’s possible some of them will go to people you had no intention of leaving anything to. By writing out your will, you can make certain that doesn’t happen.
One reason many people don’t have a will in place is because they don’t know where to start or how to write one. Fortunately, help is out there. The law firm of Michael F. Kanzer & Associates is here to help you with your will and other estate planning needs. Contact us today to make an appointment.