A will is the most commonly thought-of document when it comes to an Will and Trust. In reality, it is only a very small part of an integrated plan that ensures your family stays out of court and out of conflict if and when something happens to you.
Please do not think you can just write your own will and that will help your family.
You have probably seen ads from services that state that you can write your own will quickly.
Instead, consider the reality that trying to do so could create more trouble for your loved ones down the road. Your family and loved ones need you to get professional support from someone who can help you look at what you own, who you love, and what would happen to you and everyone you love when something happens to you.
Death is unavoidable. Incapacity may happen before that. These are non-negotiables.
Facing these matters head-on leads you to all your loved ones to have the best life possible. If you do not, it is the people you love who get stuck with taking care of everything you were not willing to take care of now.
If you go it alone, you may miss important facets of what happens in the event of your incapacity or death. For example, you may think that a will is a sufficient Wills and Trusts planning tool for your estate when what you need is a probate avoidance trust to keep your family out of court. A five-minute will not help you stay out of court as it will still be required to go through the probate process.
You may think your kids are adequately protected because you have a will, but you may need a full Kids Protection Plan®. Without it, your kids could end up in the care of strangers in the event of your death or incapacity, even if just temporarily. Before you do anything, you should get educated and empowered to do what is right.
The right plan for you begins with knowing what you have. Then you need to be clear on what is necessary to keep your family out of court and conflict and keep your assets out of your state’s unclaimed property fund. If you are ready to write your will, that is great. You should schedule a meeting with us before taking any actions so that we can ensure that your estate is properly taken care of.
The biggest mistake you can make is not facing the reality of death. The second biggest mistake is facing it alone without the help of advisors.
If you need help getting started, you should consult with us your Personal Family Lawyer®. We will assist you through the process so you can make sure your loved ones are protected and your wishes are honored.
This article is a service of Levi L. Alexander, Personal Family Lawyer®. We do not just draft documents. We help to ensure you make informed and empowered decisions about life and death, for yourself and the people you love. This is why we offer a Family Wealth Planning Session™. During this session, you will get more financially organized than you’ve ever been before and make all the best choices for the people you love. You can begin by calling our office to schedule a Family Wealth Planning Session and mention this article to find out how to get this $750 session for free.