It’s never too early to start planning for the future. While no one likes to think about the possibility of what will happen once they are gone, it’s an inevitability. Invest in a well-crafted and thorough will and you ensure that your loved ones will be left with everything that you have intended with very little legal intervention.
What is a Will?
A will is a legal document that lays out the distribution of your property and guidelines for custody and care for any underage children.
There are many types of wills, ranging from a testamentary to a living will. Each possesses their own unique set of legalities and purpose. For this reason, proper planning and legal advice are imperative. Failure to do so could result in your instructions not being carried out as per your wishes or worst causing grief and stress to those left behind.
Why Do You Need a Will?
A will gives you the voice and authority to decide the division of assets, personal heirlooms and belongings or the allocation of business investments. Specific guidelines based on your wishes may ease contention between family members when it comes to splitting up your personal effects, minimizing the risk of fracturing the familial bond.
From a legal standpoint, without a will, you will be intestate and the government will be in charge. They will, in turn, distribute your estate based on a set formula, which may cause undue financial harm to loved ones.
Estate Planning and Power of Attorney
The importance of a good will cannot be understated. It will provide your family with peace of mind regarding the legalities of your estate and guarantees the execution of your final wishes as you’ve specified. Regardless of how much thought and preparation has gone into these decisions, West Coast Defense’s professional expertise will protect your assets and your family’s well-being.
Contact us at (800) 923-17760 to schedule a consultation.
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