Detail-Oriented Assistance In Preparing Your Will
Many of us do not take the time to seriously consider death until either when we are much older or when it is too late. One of the most important things to do for you and your family before you die is to create a will. A will can protect your loved ones and assets by detailing how your estate and affairs will be handled in the event of your passing.
If you are interested in drafting a will, our Pittsburgh estate planning attorneys at Marks Elder Law can help you prepare a will that can protect your future and your family. We can sit down with you, listen to your concerns, and create a will that addresses your needs and the needs of your loved ones.
Why You Should Create a Will
A will is a legal document that spells out your wishes regarding how your assets are distributed and who will be in charge of managing your affairs after you are gone. To ensure your desires are enacted, the will must be written down and signed by you and another witness.
The following are the benefits of drafting a written will:
- You determine how your estate will be distributed – Remember, without a will, Pennsylvania law or the courts will determine how your assets are distributed among your family members. A valid will determines “who gets what” and minimizes any disputes your family members may otherwise have about your estate. You can also name an “executor” in your will, who is someone who will help ensure your wishes are carried out.
- You decide who will be the guardian(s) of your minor children – You can nominate a guardian to care for your kids in your will. If you pass away without establishing a guardian in your will, the court will determine who will take care of your children.
- You protect your business – If you own a company, you can determine who will be the heirs or co-owners of your business when you pass away. When it comes to a family-owned business, a lack of estate planning can often mean the end.
- You can contribute to charity or make donations – Besides distributing your assets among your spouse, children, and other loved ones, a will can also be used for giving back to the community through donations and charitable contributions.
- Give your loved ones peace of mind – Losing you could be incredibly hard for your loved ones to deal with. The last thing they want to do is deal with more uncertainty instead of less. With a will in place to provide clarity and certainty, your family can grieve in peace.
Let Us Get Started Today!
Not only do our Pittsburgh estate planning lawyers understand how to create a valid will, but we can also protect your rights and best interests if disputes occur. There are some occasions when family members formally object to the validity or implementation of your will, which is when we can defend valid wills from wrongful challenges. Do not hesitate to let Marks Elder Law help you develop a valid and personalized estate plan.