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.
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.