Most people do not understand the importance of having a will. In fact, many think that having a will is something that they will need to do once they reach a certain age but in reality, having a will at any point in your life is extremely important. A will is a representation of your voice about what you want to happen to your family and property when you are no longer here. Life is unpredictable and it is wise to be prepared rather than have your loved ones and property be dealt with in a way that you may not have intended.
In short, a will is a legal and enforceable declaration of how a person wishes to dispose of his or her property and assets after death. The person making the will is called the Testator.
In addition to your beneficiaries, you are responsible for appointing an executor of your estate. The executor is the person who will ensure that the terms of your will are carried out.
A well-planned and executed will can protect your family, save on taxes and avoid conflict between the beneficiaries.
At Heft Law we believe that understanding your objectives is key to drafting a will that represents your goals. It is about having control over the distribution of your assets and the protection to your family.
Contact us at Heft Law today to get started on drafting your Will. We will provide you with the peace of mind knowing your affairs are in order.