Things can get ugly after someone passes away and has a substantial amount of assets that need to be distributed amongst loved ones. For example, family members can begin to argue if they are not given any of the assets or the specific assets they desire. Fortunately, you can decrease the risk of your loved ones quarreling about your assets after you are deceased by creating a will. It is possible to create a will on your own, but it is wiser to hire an attorney who has the experience to ensure that your will is solid and legally binding. Not only will an attorney make sure your desires are documented in the will, but they will provide knowledge of things that you may not be aware of.
1. Appoint a Power of Attorney Before Death
Many people do not consider what might happen to their assets and personal needs before death occurs. For example, you might need someone to manage your estate and health needs if something happens that incapacitates you before death. Various health conditions are known to develop with old age that can lead to incapacitation, such as dementia and similar conditions that causes memory loss. Rather than relying on multiple people to take care of you if such a situation arises, an attorney can assist with appointing a power of attorney in your will. The appointed power of attorney should be someone who is trusted to manage your financial and medical needs while you are alive.
2. Be Specific About What You Desire
During the process of creating your will, you might not be thorough enough about your desires if you do not hire an attorney. You might only consider your material possessions while creating a will. The advantage of hiring an attorney is that they will discuss aspects of your life that you may not think to include in the will. For example, if you have children, you should consider who you desire to be their guardian if you pass away while they are still minors.
3. Legally Update Your Will as Necessary
As time passes by, things in your life might change and affect the validity of your will. For example, if a power of attorney or guardian passes away before you do, that aspect of your will becomes ineffective. An attorney can assist with making updates to your will as your life changes. Learn more about the will assistance that an attorney can provide by scheduling a consultation.
Contact a local will attorney to learn more.
Share25 August 2022
Over the years, I have learned several lessons the most difficult ways possible. One lesson that I have learned is to never try to handle legal issues without legal representation working with you. I have faced fines and penalties that could have been greatly reduced had I hired an attorney to represent me in court. This blog will show you several ways you could benefit from paying for the legal fees associated with hiring an attorney anytime a legal issue may arise. You will also find examples of how things can go terribly wrong if you don't hire an attorney.
