It’s not uncommon for people to feel like will preparation is a daunting task. Imagining a future when you are not here with loved ones is not something everyone wants to think about. But to ensure your legacy is distributed to generations of your family and loved ones as you so wish, it is essential to have an estate plan. Within these documents, you can outline who you want to receive which assets after your passing. Having our Great Falls, MT wills lawyer guide you along the way can make the process that much easier. Creating a will is an important element of every estate plan. If you have an effective will established, you can be at ease knowing your family and closest loved ones are protected after you have passed on. If you are feeling anxiety over writing your will, let us walk you through each step. Contact Silverman Law Office, PLLC today to reserve your appointment.
Will Preparation Checklist
Despite what many people may think, having an estate plan is not just for the elderly or those with substantial wealth. Anyone who is over the age of 18, has a career, owns a property, has savings or investments, or has children or other dependents can benefit from an estate plan. If you are in any of these categories, no matter your age or stage in life, it is recommended that you have a will. Without proper estate planning, you risk the courts making the decisions about your assets after you pass away. If for some reason you were to become incapacitated or have a condition that prevents you from communicating, your estate plan can have preferences for supportive or end-of-life care. While situations like these are not pleasant to think about, you can have peace of mind that your wishes will be abided by just in case. It is worth starting now on your will so that if or when the time arrives, your wishes will already be written out for others to follow. As our knowledgeable wills lawyer can review with you, here are the usual steps for writing a will:
- List your assets
- Name beneficiaries
- Gather necessary documents
- Nominate guardians
- Choose executor
- Sign your will officially
- Store your will in safe place
- Edit will as needed overtime
Assets And Final Wishes
Gathering a list of your assets and considering final wishes is another step in writing an estate plan. Assets can be real estate, businesses, stocks, bonds, intellectual property, royalties, patents, copyrights, cash in checking or savings accounts, money markets, valuables, sentimental items, jewelry, family heirlooms, cars, artwork, and more. After doing this, you are ready to choose your beneficiaries. Once you have listed all of your assets, you can decide which people and/or charity organizations you would want to inherit these after your departure.
Silverman Law Office, PLLC
Writing a will is important to protect the future of your assets and the legacy you leave behind to loved ones. It may seem like an overwhelming task at first, but with support from our MT wills attorney, you will get through it that much easier. If you are ready to get started, contact Silverman Law Office, PLLC at your next convenience. We hope to hear from you!
