A last will and testament allows you to decide what happens to your estate when you are gone.
These are the top ten reasons to make a will today:
- You can save time, money, stress and worry for your loved ones.
To begin the legal process of distributing assets, almost all estates must go to a probate judge. The court process and intestate administration can be very complicated if you don’t have one.
- Decide who will manage your estate.
As we have already mentioned, a will is an excellent way to decide who will manage your estate. You become a “testator” when you create a will—allowing you to name an “executor” who will take care of all your affairs.
- Decide who will get your assets and properties and who won’t.
Many people know that a will allows them to decide who gets their property. You can designate beneficiaries for assets by being the testator. You can name beneficiaries for any property you don’t list, the “residuary” of your estate. Your executor will distribute these assets if your will is in order.
- You can choose who will look after your minor children.
You can use your will to name a guardian if you are a parent. If one parent dies, the surviving parent usually gets sole legal custody. However, if one parent dies, it is vital to make a will.
- Give your pet a place to call home.
This person can be asked to take care of or guard your pet. You can name your pet’s beneficiaries and leave them to a trusted friend. A will is an excellent reason to have one for your pet.
- For your digital assets, leave instructions.
Digital assets can include digital files and properties such as photos, videos, domain names or emails. You can designate a digital executor in your will to manage these assets once you have passed.
- Reduce the likelihood of family disputes.
A will is a good idea if you have complex family dynamics. If you die without a will, your family will have no way to know what your wishes were. The best way to solve the problem is to create a will.
- Give back to your favourite causes and leave a lasting legacy.
Many people wish to make a difference in the world and leave it after death. You can leave a portion of your estate to charity by Will Writing Bromsgrove.
It’s easy to use Will Writing Specialists in Bromsgrove for making your will. With just a few clicks, you can select your favourite causes.
- Provide funeral instructions.
You may not want to think about your funeral. However, you may leave instructions within your will so that your loved ones can take care of it. These instructions may not be legally binding, but they will give executors and loved ones some direction on your wishes.
- It is easy to create a will and have peace of mind.
Many people put off updating or creating a will, believing that their loved ones will inherit the estate. It is essential to update your will as your circumstances change and your relationships with people change.
It’s now easier than ever to create a will. You don’t need an attorney unless you have a complex or large estate or conflicting family dynamics. Confidence Wills allows you to create your will online using our easy-to-use self-help tools.