Do You Have A Will?

A will is important as it clearly states where you want all of your assets to go after you die.  If you have children, you decide who cares for them.

When you have a will the processing of your estate (assets) will be quicker and cheaper. The State doesn’t decide…you do.

…do you have a will?  Over half of all adults do not have a will, according to research from lawyers.com. Do you think women are more reluctant to complete their wills?

Here are some reasons people don’t create wills: 

–Don’t feel they have enough assets to create a will.  
–Don’t want to deal with one’s death…to scary.
–Don’t have the time.
–Can’t afford one.
–Don’t know who to speak to about a will.
–Too young…don’t need a will yet.

If you haven’t created your will, this is the time to ask what you have to protect.  Plenty of people get squeamish thinking about their own death so you are not alone…yet it’s still something you can do.  If you are resistant, find a friend to work together in developing your wills.

Two Most Popular Wills:

–Regular Will – protects your children and your assets.
–Living Will – allows you to make a decision about your medical care before the need arises…now you are capable of deciding your medical intervention.

What to Do To Create a Will

–If you have children, who do you want to care for them.

–Create a list of everything of value that you own…money, jewelry, electronics, etc.   Look around your home and catalog all you have…no judgment on value here, just capture what you own.

–If you were to give the item to anyone right now, who would you give it to…children, family, friend, charity.  (If you said “trash,” it’s probably a good idea to do it now.)

–Who do you want to be in charge of executing your will?

–Locate a lawyer (ask around if you don’t know anyone) or go online to create a simple will.

What to Do to Create a Living Will

–Take the time to reflect about what medical intervention you want if you were ever in a critical condition.  Do you want the doctors to do everything possible, no matter what the result, to keep you alive?  Or…if you are not capable to care for yourself in the long run, would you prefer to have no medical intervention. 

–If you are not sure, find a friend you trust to help you figure out what you want.

–Locate a lawyer (ask around if you don’t know anyone) or go online to create a simple living will.

If you don’t have a will, put “creating your will” activity on your “To Do” list as soon as possible.   Even though we think we are in control of our lives, the unexpected can occur at any time…so be prepared.

LegalZoom.com.  We’ve used this site for legal documents…DBA and Trademark Searches and they were efficient.  They called us whenever there were questions about our documents.  They provide a whole range of legal documents…easily and cost effective.   To review their wills and living wills, go to:  Wills overview – LegalZoom.com

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