Why Should You Write a Will?

Yee Law Group Inc. > Why Should You Write a Will?

Will Lawyer Sacramento, CA

Creating a will today can help you and your family plan for a tomorrow where you are unable to support them in person. Life is full of change and surprises, and tomorrow is never guaranteed. The consequences of passing away without a will could mean your children do not have guardians in place that you trust, your estate could go to the wrong person, or money you intended to give to charity might not go to the places you had hoped. That is why hiring a will and estate lawyer can be a great asset for planning for the future. A caring attorney can help you go over the details of what you hope to leave to family and loved ones when you pass away, ensuring that they are taken care of when you are no longer here.

How Your Property Passes When You Die

When you pass away, your property must go somewhere. If you do not have a will in place, then a court can make that decision for you, and without any direction, it can be given to the wrong person. There are usually two types of passing property:

  • Probate Property
  • Non-Probate Property

Probate Property. If you have property and assets that do not have a beneficiary designation, they must go through a court in order to get to the new owners.

Non-Probate Property. This type of property can go to the designated owners without having to go through court proceedings.

Taking Care Of Minor Children

If you have children under the age of 18, having a will can help direct who will be the guardian of these children and who will receive assets when you pass away. Having a will in place can help determine where your childrens’ share of your assets and money go while they are still underage. A will can decide who you trust to take care of your children in the event that your spouse has also passed, and it can help determine who will take care of finances as well.

Donating To Charities

If you are passionate about charities, having a will can also help donate specific portions of your estate to a charity that you feel strongly about. In doing so, it can reduce the burden of the estate’s tax.

If You Are a Small Business Owner

If you own a small business or are an entrepreneur, you might be worried about what will happen to your business when you pass away. A will can be a great place to outline and define a plan that makes you happy when you leave behind a business you have worked hard for. It could mean the difference between a successful business after you pass away and a failure.

How Can an Attorney Help?

Tomorrow is never guaranteed for any of us. By working with a will lawyer Sacramento, CA trusts at the Yee Law Group, you can be assured that your loved ones will be taken care of after you have passed on. Don’t delay any more in creating your will. Call a law office today to schedule an appointment.


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