A Good Estate Plan Starts With A Will
Although a will is just one part of a comprehensive estate plan, it is the most important part. It is the document that gives you control over what happens to your assets (and more) when you pass away. If you die without a valid will (known as dying intestate), your assets will be distributed according to the laws of the state and you will have no input on the matter.
Given how important this document is, you can’t afford to procrastinate about drafting one. But it doesn’t have to be a chore. When you call Davidson Law Office, writing your will can be faster, easier and less expensive than you expect.
What Is Included In A Will?
A well-written will needs to be clear, unambiguous and thorough. It allows you to:
- Designate where and to whom your assets will go when you pass away
- Transfer ownership of important heirlooms and real estate
- Appoint a personal representative to carry out the important functions of your will and oversee your estate (called an executor in other states)
- Nominate a guardian for your minor children if you and your spouse die unexpectedly
- Nominate a guardian for a disabled adult son or daughter in case there comes a time when you can no longer care for him or her
- Leave a legacy of charitable giving, if you so choose
Updating Wills And Reviewing Documents For Errors
My firm can help you update or fix your will even if I didn’t originally write it. Although most estate planning attorneys are thorough and accurate, I sometimes discover mistakes serious enough to invalidate the will or cause headaches when probating it. This is even more likely if the client took the DIY approach to drafting the will rather than working with a lawyer. In either case, I am happy to review your will to ensure that it is thorough and legally sound.
Wills also need to be amended over time to reflect changes in the law or changes in your life circumstances. It is a good idea to update (or at least review) your will after:
- Getting married or divorced
- The birth of a child or grandchild
- The death of a spouse or another loved one named in your will
- A significant acquisition of wealth, property or inheritance
- An estrangement from a loved one or reunification with a loved one
In most cases, making changes to your will is straightforward and relatively easy to do with the help of an attorney. I strive to make the process as convenient as possible to encourage clients to keep their wills up to date.
Contact The Firm For A Free Initial Consultation
Based in Bedford, Massachusetts, Davidson Law Office serves clients throughout Middlesex County. To discuss your estate planning needs in a free initial consultation, call me at 781-275-0222 or send me an email.