10 GOOD REASONS WHY YOU SHOULD HAVE A WILL
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If you’ve been putting off making a will, because the thought of your own demise is too much to bear, stop, and think of your family first.
Here are the most compelling reasons why it’s important to your family that you take action and make a will, and remember to keep it current.
If you die without a will . . .
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The court will appoint an administrator, for a fee. |
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Your spouse may end up with less than s/he needs. |
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Your grandchildren may not get a cent. |
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Without a will, you may not get the guardian you want for minor children. |
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With a will, and an adjoining letter of intent, you can specify who gets what.It’s a god way to avoid family fights. |
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Make the most difficult time for your loved ones easier. |
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Prevent bitter family battles. |
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Simplify the legal process. |
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Prevent confusion. |
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10.
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Protect the family home or business |
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11.
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Minimize legal costs. |
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12.
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Eliminate cost for administrator bond. |
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10 Reasons to Consult an Estate Planning Attorney: (We can provide a lawyer at no cost to you if we, the NCLF will be partial beneficiaries).
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Be sure that Legal Will documents are correctly prepared and executed properly. |
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Minimize estate taxes. |
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Help probate the Last Will & Testament after a loved one dies. |
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Protect & Preserve assets. |
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Arrange the emotional and financial security of your children. |
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Develop a Trust or Living Trust. |
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Address specific state or local probate and tax laws. |
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Have an attorney serve as Executor or Guardian of the Estate. |
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Address complex issues related to prior marriages. |
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Keep the family business or personal assets whole. |
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Disclaimer:
While the information on this site deals with legal issues, it does not constitute legal advice. If you have specific questions relating to information available on this site, you are strongly encouraged to consult an attorney who can investigate the circumstances of your situation and the particulars in your state.