Everyone should have a will. That is a simple matter. If you have kids or have any assets at all, it is completely necessary to have a will. Even those without kids and with minimum possessions can also benefit from having a will since you will still need people to know what you want to happen at the end of your life.
While you may be motivated to try to build your own will, it is advisable in almost every case to speak with an estate planning attorney. A good estate planning attorney can help you to make a will for a very reasonable fee and there are several benefits to having legal advice for this important document. If you want to get more info about estate planning then you can also look for Alexandria Estate Planning Attorney.
There is a multiple of reasons why it is necessary to get legal advice from an estate planning attorney for both simple and complex wills. Some of those reasons include the following:
-An estate planning attorney will make sure your will satisfies all legal requirements. Of course, you have to be of legal mind and body but there is also more to it than that. Although you can handwrite a will handwritten or improperly prepared wills may not always be enforceable.
-An estate planning attorney will help to guarantee that your will contains all important provisions. Many people think about dividing their assets and focus on this aspect of planning a will. However, there is more to creating a will than just dividing up your stuff.
-An estate planning attorney will inform you of the tax consequences of your death. For some families, there are taxable consequences to leaving assets to beneficiaries or to the transfer of assets. Your attorney can assist you to fully understand what taxes will occur after you die and when your assets are transferred. To know more about estate planning, you can also look for speedwelllaw.com/.
-An estate planning attorney can assist to make sure that your wishes are enforced. From making sure the will is drafted correctly to helping you to name an executor to guide you on whether to include a no contest clause, your attorney's expert legal advice will be invaluable.