If you are getting ready to write a will, there is a good probability that you have already found dozens of templates and how-to videos online with a simple internet search. It is not recommended to handle estate preparation in a do-it-yourself manner, despite the abundance of information available online regarding the creation of wills, trusts, and powers of attorney.
When drafting a will, there are five main reasons why you should work with Savin and Bursk Law:
- So That You Can Take Care Of Every Aspect Of Your Estate
The vast majority of people have the misconception that wills are only used for leaving property to loved ones, but you can include a wide variety of assets and stipulations in this document. You can, for instance, appoint someone to be the executor of your estate, choose a guardian for any children who are still minors, and leave specific assets to charitable organizations. When you hire a lawyer to help you create your will, they will make sure that you examine everything to reduce the likelihood of conflicts occurring throughout the probate process.
- To Guarantee That Everything Is Legally Enforceable
Even while it is feasible for you to write a will on your own that is enforceable in court, having an attorney undertake a full review of the document is the best way to assure that it will hold up in legal proceedings. Probate is governed by stringent statutes in every state, and these statutes are constantly being updated. This means that you have to make use of a template that is not only up to date but also satisfies the criteria of your state. If you utilize an old template, there is a strong probability that you will not be recognized as valid under current laws.
- To Navigate The Complicated Roles Within The Family
Maybe you’ve been married before or you have children from a previous relationship with someone who is not now your spouse. Estate planning attorneys can assist you in conceiving arrangements that are optimal for your existing circumstance, regardless of the dynamic of your family. If your circumstances change, they are also able to assist you in revising any necessary documentation.
- To Lighten The Financial Load Of Those You Care About
Depending on the amount of your estate, you may be concerned about the potential tax repercussions that your beneficiaries will face as a result of your estate. An attorney can explain the many legal tactics that may be utilized to lessen the financial burden of paying taxes on your family and loved ones.
- To Safeguard Your Interests
Several papers can be included with a will and start carrying out their duties before the testator passes away. For instance, a healthcare power of attorney gives another person the ability to make significant medical decisions on your behalf if you become incapacitated at any point in the future. In a similar vein, a financial power of attorney gives a third party the authority to handle your financial matters on your behalf if you are unable to do so on your own. Considering the unpredictability of life, it is prudent to produce both of these legal papers with the assistance of a lawyer when you are writing your will.