Kane & Crowell, Attorneys At Law
Why Do I Need a Last Will & Testament?
To some people, it may seem scary to have a Last Will & Testament drawn up because that means you have to think about what will happen upon your death. If you do not have one drawn up though, you will not be in control of what happens to your assets upon your passing and you could leave your family in a mess.
Having a Will drawn up allows you to be in control of who will receive your assets upon your passing. If you do not have a Will when you die, the law will determine who will receive your property. The Will also allows for you to name who will be in charge of administering your Estate upon your passing, including paying your debts, collecting any assets owed to you, and distributing any of your property. If you do not have a Will, the Court will make the decision of who will administer your Estate without your input. Also in a Will, you are able to name who you want to be Guardian of your minor children.
A Last Will & Testament will make things easier on your loved ones upon your passing. This gives your loved ones simple and very direct guidance as to your wishes. It can be very hard and stressful on your loved ones to have to try to make these decisions while also grieving your loss. Further, having a Will drawn up helps alleviate tension between family members. If your wishes are drawn up and are clear to your loved ones, then there is nothing to argue about or cause conflict.