Wills

Wills

Los Angeles Wills Attorney

Reasons Why You Need a Will

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.

What Is a Will?

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

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.

Reasons Why You Need a Will

There are several reasons why you should have a will. They include:

  • A will protects your wishes. If you do not have a will, your loved ones will have to make important decisions about your estate without knowing what you would have wanted. This can lead to disagreements and conflict, so it’s best to make your wishes ahead of time. A will also ensure that your assets are distributed according to your wishes. If you don’t have a will, the state will decide how your estate is divided—and it’s not always what you would have wanted.

 

Make sure your loved ones are cared for after you’re gone by creating a will today.

 

  • A will can save your family money. One of the most significant benefits of having a will is that it can help save your family money. If you don’t have a will, the courts will have to appoint someone to manage your estate, which can be very expensive. But if you have a will, you can appoint someone you trust to manage your estate for you. This can be a lot cheaper and less stressful for your loved ones. Plus, it ensures that your wishes are carried out precisely how you want them to be.
  • A will can prevent fighting among family m If you do not have a will, your loved ones could fight over your estate after death. A will ensures that your wishes are fulfilled and can prevent family members from fighting over your belongings. If you have children, a will is vital. It can designate who will be their legal guardian if both parents die. If you don’t have a will, the courts will decide who will take care of your kids, and that decision may not be what you would have chosen.

 

If you haven’t already created a will, now is the time to do it.

  • A will makes it easier on your loved o Even if you don’t have a lot of money or property, it’s still a good idea to have a will. A will makes it easier on your loved ones in the event of your death. It can help avoid confusion and conflict and ensures your wishes are carried out exactly how you want them.

 

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.

Contact Law Offices of Michael K. Lanning, APLC for Legal Advice on Wills

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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