No one likes to think about death. It’s an unpleasant topic for everyone, and there isn’t anyone who really enjoys thinking about their own death. But as the saying goes, only death and taxes are sure things — and sadly, it is a sure thing that one day you will die. When that happens, do you know what will happen to all of your assets? Many people don’t have a will that tells how they want their property divided after death, and that’s a terrible mistake. Hiring a will lawyer probably isn’t as expensive and time-consuming as you think it is, and it’s an investment that will make all the difference in the world one day.
Do you know what happens if you die without a will? Most people don’t know the answer to the question, and you probably won’t like it. When someone dies without a will, their property is divided up according to state law. In other words, that government will decides where all your assets go. No matter how much or how little you think you have to leave behind, you definitely don’t want the government getting their hands on it!
Over half of Americans aged 55 to 64 don’t have wills. Out of Americans in general, around 64 percent of the entire population does not have a will. That means that state governments have a lot of chances to put their hands in people’s pocket and determine what to do with everything they used to own. A will lawyer can prevent that from happening, and they can help you tie up lots of other loose ends you may not even know are out there.
If you’ve over the age of 40 and you don’t have a will, now is the time to do it. Don’t wait until something happens, and don’t neglect this task.
Whether the size of your estate is massive or very small, there are a lot of considerations to think about when it comes to your will. Lawyers who specialize in estate planning know all the ins and outs of writing a legal will, and can help you make decisions about how to split up your assets.
Estate planning lawyers know about many different types of business law and legal considerations, including real estate and property taxes, medicaid planning and power of attorney agreements. A will lawyer specializes in all the different elements that go into writing a will, which is much more than determining who will get your bank account when your time in the world has ended.
A regular business attorney or another type of attorney may know something about writing a will, as all lawyers study contract law, but a will lawyer who specializes in estate planning can guide you through all the finer points and nuances of creating a will.
Thinking about writing a will is overwhelming for everyone, and that’s just a natural reaction. Get the legal help you need to make the process much easier and get all your questions answered, and you’ll be glad you did.
Many people avoid hiring an attorney, even a will lawyer, because they think the cost is prohibitive. The truth is, lawyers charge by the hour. So the more simple your estate, the less time your will lawyer will spend managing all the paperwork and talking to you about your assets. People who have larger estates will spend more time with the lawyer…but then, those are the people who can more easily afford it!
It’s a sad fact of life that eventually, everyone dies. That’s why everyone needs a will lawyer at some point, and the longer you wait the more risk you’re taking. So don’t wait. After you face the reality of writing a will, you’ll notice that an incredible weight has lifted from your shoulders. You’ll feel more confident in the future, and you’ll know you did the right thing by planning ahead. Once your will is written and everything is done, you can put it all behind you and you won’t have to worry about it again.