A will is a legal document that names individuals as guardians of your children or assets until they reach the age of majority. If you die without a will in place, the state will determine how your assets are distributed among your heirs.
A will can be written by an attorney or drafted by yourself. The process varies depending on whether you want to use a trust or simply leave the bulk of your estate to one person.
You should choose a lawyer for his expertise and experience with probate issues; however, you can also find free sample wills online that are easy to download and review.
Will writing services are a great way to avoid the stress of having to deal with probate and estate administration. If you don’t have a will, your estate may be subject to probate. Probate is the court-supervised process of distributing your assets according to state law. It can create delays, uncertainty, and legal fees for family members who are left behind.
A will is a legal document that gives instructions for your property after death. You can use a will even if you have already been named beneficiary on a life insurance policy or retirement plan. A will also lets others deal with issues such as taxes, medical care, property ownership and financial responsibility in case of illness or death. It’s important that you know what happens if you die without making a will or when someone challenges it later on.
If you die without making a valid last will and testament (a legal document that expresses your wishes about what happens to your estate), most of your property goes to your heirs through probate proceedings.
If you don’t have the time, expertise or patience to create your own will, it’s important that someone else does it for you.
You should never write your own will. This is because you may not be knowledgeable enough about the law and can easily make mistakes that could cause problems later on in life. A professional will writing service will often include a legal team that can ensure that everything is done correctly.
There are many reasons why you should choose a will writing service over doing it yourself:
They’re cheaper. You won’t have to pay for any of the lawyer’s fees incurred in drafting your individual documents. You may also be given a discount on their hourly rate if you agree to take advantage of their free initial consultation.
They’re less stressful. An individual who is dealing with their own estate matter has more stress and worry than those who hire professionals to do the work for them. Experts are trained to deal with the legalities surrounding estate planning and can therefore lower your level of anxiety by ensuring everything goes smoothly from start to finish.