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Law & Legal
  1. How to Qualify for a Medicaid Waiver
  2. Six Reasons Someone May Be Placed Under a Guardianship
  3. What Can Be Included in a Will?
  4. How Much Should You Put as a Down Payment on a House?
  5. 3 Assets That Can Fund a Trust
  6. Why You Should Have a Life Insurance Policy
  7. Is Real Estate a Good Financial Investment?
  8. S-Corp vs. C-Corp
  9. 5 Reasons Someone Might Disinherit a Child
  10. Benefits of a Testamentary Trust
  11. Steps on How to Sign Up for Life Insurance
  12. What is the Estate Administration Process?
  13. What Types of Government Benefits are Available for the Elderly?
  14. What is the Job of an Executor?
  15. What is a Simple Estate Plan?
  16. Why You Should Have a Will
  17. 3 Things You Need to Prepare Your Taxes
  18. Tips for Planning an Estate
  19. What is Electronic Notarization?
  20. Are There Requirements to Qualify for Medicaid Home Care?
  21. 3 Benefits of Tax Planning
  22. 3 Things to Know About Retirement Planning
  23. How Does Mental Illness Impact Your Estate Planning Process?
  24. What is a Lawsuit for Wrongful Death?
  25. What is The Tax Code?
  26. Guide to Become a Tax Advisor
  27. Does My Parents' Divorcing Impact My Inheritance?
  28. Guide to Understand When You Should and Shouldn't Buy a Home
  29. 3 Things a CPA Can Help With
  30. Tips to Maximize Your Tax Refund
  31. 3 Reasons You Should Have a Tax Accountant on Retainer
  32. Do Self-Employed Individuals Get Taxed Differently?
  33. What are Unclaimed Funds?
  34. 4 Things to Know About Surrogate's Court
  35. 3 Reasons Having Advance Directives is Important
  36. What are Estate Taxes?
  37. What is The Estate-Tax Exemption?
  38. Who Has to File Taxes?
  39. 3 Reasons You Should Have a Trust Protector
  40. Understanding Spousal Impoverishment
  41. Who Files Taxes For Businesses?
  42. Should I File My Taxes Using Turbo Tax?
  43. 3 Ways to Protect Against Financial Exploitation
  44. Who Qualifies for a Special Needs Trust?
  45. Guide on How to Write Off Business Expenses When Doing Your Taxes
  46. 3 Things Every Small Business Should Know
  47. Why Updating Your Will is Important
  48. What is the Probate Journey?
  49. What Happens if I Don't File My Taxes?
  50. Tax Accountant vs CPA
Why You Should Have a Will {{ currentPage ? currentPage.title : "" }}

A last will and testament often referred to simply as a will, is a document that spells out your wishes regarding how you want your estate settled upon your death. A will is filled out while you are still living, and in this document, you can specify how you want accounts, funds and property to be split and/or dispersed after your passing.

Why a Will Matters

Having a will is vital for several reasons, but perhaps one of the biggest reasons to contact a wills lawyer and have this document drafted is because it keeps your estate out of probate court. When someone dies without a will, a probate judge must decide how to split up property and accounts left behind.

This process may be simple, such as in the case of a sole surviving heir, but it can also get very complicated when multiple entities claim property and funds. With a will in place, the probate process is relatively straightforward as it just requires that the existence of a will be certified. The executor of your estate then takes over and handles everything from there. Secure Your Legacy with Our Expert Wills Lawyers - Visit this Website Now!

A Will Keeps the Peace

As a side benefit of keeping your estate out of probate, a will can help keep the peace. When you contact a wills lawyer to have a will drafted, you can specifically spell out all the details about how you want your estate executed after death. This means that your will is your final word and those left behind are less likely to squabble or get into messy court battles over property, accounts or funds.

Without a will in place, family relationships and friendships often get torn apart as people begin to turn greedy. Someone you know and love may decide that they are owed something from you upon your death, and as a result, they may take legal action against those around them if a probate judge assigns property to someone else. With a will in place, there is no questioning or argument to be had since the will is the legal contract everyone must follow.

Author Resource:-

Mark writes often about estate planning. His articles may include topics like real estate closing attorney and business succession laws to help the people in needs. You can find his thoughts at real estate law blog.

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