Estate Planning Lawyer
No one knows when their time will come, but everyone should have a plan in place in case something happens. An estate planning lawyer can help you create a will and other legal documents to ensure that your wishes are carried out after you die. If you don’t have an estate plan, the state will make decisions for you and your loved ones might not get what you wanted them to. Contact an estate planning lawyer today to get started on your own plan.
The Law Group of Iowa can help you create a will and estate plan that ensures your wishes are carried out after you die. We’ll work with you to make sure your family is taken care of, no matter what happens.
An Estate Plan Give You Peace
An estate plan may give you peace of mind and avoid unpleasant disputes among family members after your death. Despite the fact that almost half of Americans do not have one , a will is an important document to have in place because it protects your assets and makes things easier on your loved ones during what could be an emotional time for them.
An estate planning lawyer can help you create a plan that ensures your wishes are carried out after you’re gone, and that your family is taken care of financially.
What is a Will?
A will is the most basic type of document used in estate planning. A will states how your assets will be distributed once you pass away. It also names an executor of your estate, who is responsible for following through on your instructions, including paying off any debts or taxes owed by your estate and distributing the rest of its value to beneficiaries.
Finally, a will can also designate a guardian for minor children who survive their parents. The guardian has custody over the children until they reach adulthood. Without a will in place, it might not be clear who should raise the children in this situation. And if no one steps forward, then the state might decide who raises them instead.
An estate planning lawyer can help you create documents like a will and power of attorney that will help ensure your loved ones are taken care of if something happens to you.
What Happens If You Don’t Have a Will
If you don’t have a will, your estate will be divided among your family members according to state law. That may not be what you want, so it is important to have a will. If you have minor children, you should name a guardian for them in a will. Even if you don’t have minor children and are married, you should still consider having a will.
An estate planning lawyer can help you create a will, power of attorney, and healthcare directive that will ensure your wishes are carried out after you die. They can also help you set up trusts and other estate planning tools to make sure your loved ones are taken care of. If you don’t have an estate plan, now is the time to get started.