A Will is one of the most important things everyone should have. Many people in our society don’t like talking about creating a Will because they do not like to think about their own mortality but having a Will can provide a number of important benefits while one is alive. In this article, we will look at some of the benefits of having a Will in place.
Control over the distribution of assets
One of the most important advantages of having a Will is that it gives you control over how your assets and property are distributed after your demise. Without a Will, your assets will be distributed according to the laws of your state and customary law, which may not align with your wishes.
Avoiding disputes among family members
Having a Will can also help prevent disputes among family members over who should receive certain assets. By clearly stating your wishes in a Will, you can help avoid misunderstandings and potential conflicts.
Protecting your children
If you have minor children, a Will can provide for their care in the event of your demise. You can name a guardian for your children and make arrangements for their care and financial support.
Saving time and money
Having a Will can also save your loved ones time and money by avoiding the need for probate court proceedings. Probate can be a lengthy and expensive process, but having a Will can help simplify the process and make it more efficient.
Ensuring charitable giving
If you have charitable intentions, a Will can ensure that your assets are distributed to the charities of your choice. This can help ensure that your legacy includes support for causes that are important to you.
Ensuring privacy
A Will can help ensure privacy in the distribution of your assets. Probate court proceedings are public record but having a Will can help keep the details of your estate distribution private.
Providing for pets
Finally, If you have pets, a will can provide for their care after your demise. You can name a caregiver for your pets and make financial arrangements to ensure that they are cared for.
Writing a Will is now made simple With ARM Trustees EasyWill, you can draft your own wishes written down from the conform of your home with your mobile device.
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