Writing a Will
Many people go through life avoiding the thought of what will happen after they die. While no one wants to think about their mortality, it can relieve a great deal of anxiety to have a will in place so that you know your wishes can be carried out. If you pass away without a will, the state will determine what happens to your property, and they can even make decisions regarding who will take care of your minor children. This can be devastating news to some people, which is why you will want an estate planning attorney, like an estate planning attorney in Allentown, PA, to help you create your will. One of the most basic things you can do to ensure your assets go to the right people and your children are taken care of is to create a will, and no one wants to have to keep going back to it because they forgot something in the first one. Speak with our attorneys to see how we can help you with your estate planning needs.
Keep It Simple
One of the great things about creating a will is that you don’t need any frills. It doesn’t have to be fancy, you don’t need to be a millionaire, and you don’t need to own multiple properties. Instead, you can keep your will basic so that it covers all of your needs (and your family’s needs). You may want to create a will if you want:
- To name someone as the guardian of your minor children.
- To name someone to take care of your property.
- To name someone to give money to.
- To name someone as the executor of your estate to ensure your will is carried out the way you would like it to be.
How do I know what kind of will I need? Can I just stick to the basics?
This is a great question, and most people should have some kind of will. Whether it is a basic will or a more elaborate will depends on many things. For example, the younger you are, the less likely you are to have large amounts of wealth or property. Your attorney may only recommend a basic will in these circumstances.
What if I want to leave money to my minor children?
When spouses create wills, it is very common for each spouse to will their property to one another, then to their children, if they both pass away. When this happens, you can not only name a guardian for your minor child, but you can also ensure that someone you trust will take care of the property until your child is an adult.
When you want to create a will and have questions regarding whether you want a basic will or a more elaborate will, contact a respected estate planning lawyer to feel confident moving forward with making your will.
Thanks to Klenk Law for their insight into the basics of writing a will.