When you think about it, dying without a trust based estate plan, let alone a will is pretty irresponsible. You would not go on a road trip without insurance, would you? The same logic holds for your final journey. Most people do not see wills as important things to have but they are very essential.
A will is a legal document that sets out your wishes for what should happen to your property and assets after you die. It can also name a guardian for your children if they are underage.
There are many reasons why you should have a will, and you understand its importance.
Different types of wills can be made, depending on your needs. The two most common are a will and a pour over will.
A will is a document that states your wishes for your property and estate after you die.
A pour over will is like the normal will above however it states that all of your property and assets should be distributed to your trust when you die. This allows any property you accidentally forgot to put in your trust during your lifetime, to be transferred in a manner that is cheaper and faster than going through probate.
There are several reasons why you should have a will. They include:
Make sure your loved ones are cared for after you’re gone by creating a will today.
If you haven’t already created a will, now is the time to do it.
If you die without a will, the state will step in and appoint an administrator to manage your estate. This can be time-consuming and expensive. Your loved ones may not get what you wanted them to have, or they may have to undergo a long and complicated legal process to get it.
A will is a simple way to ensure that your loved ones are cared for after your death. It gives them peace of mind, knowing they won’t have to go through a lot of hassle and red tape to get what’s rightfully theirs.
Everyone should have a will to ensure their families are protected after their death. At Law Offices of Michael K. Lanning, APLC, we understand the importance of wills and are dedicated to helping our clients create their wills. We are dedicated to ensuring that your wishes are fulfilled and that you have the peace of mind you deserve. We serve the West Los Angeles, Pacific Palisades, South Bay and Beverly Hills areas. Contact us at 310-820-1600 or send a message to [email protected] to book your appointment.
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