Why is a Will Important?
A will is a legal document that allows you to dictate how your assets and property will be distributed after your passing. Without a will, the state laws will determine the distribution of your assets, which may not align with your wishes.
A will also allows you to appoint an executor, who will manage your estate and ensure that your instructions are carried out.
What Can You Include in a Will?
• Asset Distribution: Specify how you want your assets, including property, financial accounts, and personal belongings, to be divided among your loved ones.
• Guardianship: If you have minor children, you can designate a guardian to take care of them in the event of your passing.
• Charitable Donations: If you wish to leave a legacy by donating to charity, a will can help you specify the organizations and the amounts you want to donate.
• Final Wishes: You can include instructions for your funeral arrangements and other final wishes.
Updating Your Will
Life circumstances change, and it's crucial to update your will accordingly. Major life events, such as marriage, divorce, the birth of a child, or the acquisition of significant assets, may warrant a revision of your will.
How Can We Help?
At WAGNER & WAGNER we are dedicated to helping you navigate the process of creating or updating your will. Our experienced attorneys can provide personalized guidance to ensure that your will reflects your wishes and provides security for your loved ones.
If you have any questions or would like to schedule a consultation, please feel free to contact us at (847) 639-1800.
