...
 
 
 
lesley signature-1
 
Most people wonder if they need a will, but many decide against having one drawn up because  they feel as though they don’t have enough assets to even bother.

A 2016 Gallup poll shows that only about 44% of American’s have wills.

That leaves 56% of Americans who do not have a solid, legal plan in place for how their assets will be designated when they pass away.

Few people plan to die in the near future, but if you were to die suddenly without a will you negligently subject your family and loved ones to unnecessary confusion and anxiety at what is already a very difficult time.


5 Powerful Ways to Improve Your Will


1. A will is not just for the wealthy. Regardless of how much or how little money you have, creating a will ensures that whatever personal belongings and assets you have will be distributed to the family members and friends you designate in the event of your passing.

2. Beyond your property and personal belongings, if you have minor children, a will is an absolute must. A will ensures that you get to choose your children’s legal guardian in the event you should pass away before your children are of legal adult age.

3. You can even designate who would care for a devoted pet in the event of your death. It is also beneficial to have a will if you are a business owner.

 
4. As a business owner it is likely that a significant portion of your finances, and your family's source of income after your death, is tied up in your business. A will is a safeguard to either help transition your business to the next generation, or to ensure a successful sale to someone outside the family for a fair price.


 

 

 5. Drafting a will can also minimize tensions among surviving family members. Relatives battling over your possessions could destroy the strongest of families. Without a will a court will make these important decisions on your behalf in what can be a lengthy and stressful and very costly process called probate. Through a will you can name an executor, someone you trust, to have the authority to ensure that your wishes are carried out and to ensure all of your affairs are in order from paying off bills to cancelling credit cards.  



When You Are Ready to Prepare a Will

  • Compile a list of your assets and debts. Be sure to include family heirlooms, the contents of safe deposit boxes and any other assets that you wish to transfer to a particular person or entity.

  • If your situation is pretty straight forward and you are comfortable taking on the task of writing a will on your own, there are a number of software programs available to assist you, as well as a variety of websites that can help walk you through the process. 

  • However if your estate is substantial or your situation is legally complex, you may wish to enlist the help of an attorney. It is also a good idea to review your will during major life events so you can make changes accordingly.

Knowing that you have a legally binding document that outlines your wishes regarding the distribution of your property and other important considerations such as the legal care of your minor children can give you the peace of mind now that your wishes will be carried out when you are no longer here.

If you do not have a will, it is essential that you construct one.

Not only for your sake, but for the sake of your loved ones.

 

When it comes to your retirement, plans, it's about LOVE & TRUST! 
Hear what our happy current clients have to us.
Raving Reviews

 

If you would like us to help you figure out your options as it pertains to will writing and life insurance plans, give us a call at: