When you pass on, your estate and assets will still be around, this means that someone out there will take it. However, if you have a will set in place this is a legally binding document that will tell your family, lawyers, banks, and anyone else interested in your estate and assets when you want to happen with all of this stuff. It is absolutely crucial for all seniors to have a will set in place before they make their final exit. Here are some things to think about and reasons why you should have a will to dictate how you want things to go.
Having a Will Saves Time and Stress
Your loved ones will be grieving for you in the future and the last thing you want to put them through is hours of going through the estate and sorting through who gets what. When you do this from the very beginning your kids will not have to fight over anything and they will know exactly what you want them to have. This is a legally binding document that can save the family a lot of time and hassle in the future which is why you should be working on it before you ever reach the point of dying. Estates have to go to probate court and it will take much longer without a will in place.
You Can Decide Who Does Not Get Anything
Most people know that a will allows you to state exactly who gets what, but did you know this is also a chance to say who does not get anything? If you have family members that you are not close to or you have certain limitations with people, this is a chance to say that. You can ensure that certain people get your property but you can also make sure that others will stay far away from it, if that is your wish to do so. If you do not have a will set up it can be easier for unwanted family members to fight and claim what is not rightfully theirs to begin with.
Wills Help With Pets
If you have a lot of pets to take care of, or even one, you will need to figure out who is going to care for them when you pass on. Technically pets are property and to have someone take care of them when you die, you will need to write it in a will. Your family may help no matter what but if you want to make the process easier, talk to someone specific, and write it in the will so no one will stress or argue what happens over the animals.
It Can Help With Donations
Some seniors may want to leave money to good causes or charities and the best way to do that is by creating a will. You can state exactly what percentage of your money will go to a specific charity and you will know that even in death you are helping your community and people around the world. If you do not do this then the money will go to the family or anyone who can legally claim it.
If you or a loved one need assistance with Wills in Hoover, AL, contact The Alabama Elder Care Law Firm, LLC today at (205) 390-0101