If you’re like 50% of Americans, you don’t have a will. That’s nothing to fret over though. You're reading this, so you're already on the right track. If you have 3 minutes to spare, I’ll give you the quick rundown of what a will is, what it does for you, and a few questions you can ask yourself to help you decided if a will is right for you.
Put simply, a will is a legal document that states who you would like to take ownership of your possessions upon your death. A will can also designate guardians for your minor children and household pets in the event you pass away or become incapacitated. A will can keep these important decisions in the family and out of the court’s hands.
But, what if I don’t have minor children and I don’t really own anything? Good question. Before you close this page and go back to living your life, there are a few questions to ask yourself to ensure you’re not leaving anything on the table. Do you own:
- Household items
- Bank accounts
- Investments (stocks, bonds, mutual funds, and CD’s)
These are just a few of the items a will can address. Wills can also incorporate powers of attorney and health care directives (living wills), to keep decisions about your life in your hands even if you aren’t awake to make them.
While wills are not comprehensive estate planning tools, they are the backbone of every plan. A well-designed estate plan provides peace of mind that your family is provided for and your assets are being managed the way you want.
We take the time and financial hardship out of estate planning by offering a completely virtual experience, from consultation to conclusion. You choose a day and time that works best for you, we send you an intake form, I contact you either by secure video portal or telephone, you get a comprehensive overview of your options as well as answers to all your questions, then you choose the plan that works best for you. When it’s time to sign the documents we send the completed plan directly to your home or place of business, we review the plan together for accuracy, and then we make notaries and witnesses available at the location of your choosing to execute the will. Easy peasy! As an added benefit, members of our Estate Maintenance Program have 24/7 access to their entire executed plan through our secure client portal, accessible through any device.
Click Here for more estate planning advice, informational videos and articles, as well as a copy of my new Ebook “Six Things to Know Before Making a Will or Living Trust."