Do you know who would inherit your estate if something happened to you?
The input of an experienced estate planning attorney is essential if your loved ones are to be provided for financially in your absence.
A last will and testament is a legal document that takes effect upon death, provides instructions regarding distribution of assets, designates an executor to carry out a person’s wishes, and manages financial affairs. It can protect assets and inform survivors on how to administer an estate.
The simple will, complex will, and living will are often the foundation of any solid estate plan.
Administering an estate in which a will is present is vastly preferable to dealing with an estate without one. And a properly drafted will can help reduce family disagreements and avoid a will contest that winds up in court.
A will is important for individuals and families, regardless of age or the size of an estate. It can reduce the cost and expense of probate and minimize estate tax liability. By drafting an enforceable will, you ensure that your assets are rightfully inherited and controlled by the individual or party you choose.
A Will Attorney Can Help
Our attorneys provide you with thoughtful recommendations, honest answers to your questions, and the facts and legal options you need to make wise decisions — your final gift to those you love most. For extraordinary legal representation that expresses your wishes and minimizes estate taxes, contact Lovelace Law, P.C. to schedule your free initial consultation.