The Importance of a Will and How to Draft One That Fits Your Needs
LS Carlson Law • May 16th, 2023
No one likes to think about their own mortality, but planning for the future is important for ensuring that your loved ones are taken care of after you're gone. One of the most important aspects of estate planning is drafting a will. A will is a legal document that specifies how your assets will be distributed after your passing. Here's why having a will is so important and how to draft one that fits your needs:
Ensuring Your Assets are Distributed According to Your Wishes: Without a will, your assets will be distributed according to California's intestacy laws, which may not align with your wishes. By creating a will, you can specify who gets what and ensure that your assets are distributed as you see fit.
Naming a Guardian for Your Children: If you have minor children, a will is essential for naming a guardian who will take care of them in the event of your passing. Without a will, the court will appoint a guardian for your children based on their own judgement, which may not align with your wishes.
Avoiding Family Disputes: A will can help avoid disputes between family members over how assets are handled after your passing. By clearly specifying your wishes in a will, you can help minimize the potential for conflict and ensure that your loved ones are not left fighting over your assets.
Meeting Legal Requirements: There are specific legal requirements that must be met in order for a will to be valid in California. For example, you must be of sound mind and the will must be signed by you and witnessed by two people. An attorney can ensure that your will meets all legal requirements and is legally binding.
At LS Carlson Law, our experienced estate planning attorneys can help you draft a will that meets your needs and ensures that your loved ones are taken care of after you're gone. We can also help you navigate the complex legal requirements of will drafting to ensure that your will is legally binding. Contact us today to schedule a consultation and learn more about how a will can benefit you and your family.
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