It may be an unpleasant topic to tackle, but none of us will be here forever. If you do not have a will, then you leave it up to the courts to decide where your assets go after you are gone. This is done without any consideration to what you may have wanted or what your heirs needs may be.
Ensure Your Last Wishes are Carried Out
A will is a legal document that allows you to specify just who and in some cases how, your assets will be divided amongst your next of kin. Wills are particularly important to people who are single. If you have no children, then the government will decide just which of your closest blood relatives get your assets.
Amending the Will
A will is not a permanent document and can be amended at any time. If you do have a will, you should review it periodically in order to make sure that all of your assets are addressed. Remember that your assets not only include cash on hand and real estate, but also things like 401ks, IRAs, pensions, life insurance and other sources of income.
Since a will is a legal document, it is best to contact a legal professional to assist you in constructing your will. Contact our experts today with any questions you might have and we would be happy to assist you!
