We often fear uncertainty – and for the right reason. After all, we want to make sure our loved ones are okay in case of our passing, right? And here’s the thing: preparation is the antidote to fear of the unknown. Being ready as early as now helps ensure the quality of life of those we leave behind.
Working with a will attorney in Rancho Bernardo, CA, is instrumental in ensuring everything is in place for your loved ones should the inevitable come – death.
Here are some of the benefits of having a will and updating it from time to time:
You distribute your estate according to your wishes – if a person dies without a valid will, the authority will give out your estate based on California’s intestacy laws. That means there is no guarantee that you give your estate based on your wishes. Having a will is the simplest way to avoid such a scenario.
You can specify who will take care of your minor children – a will allows you to appoint somebody to take care of your children in case of your death. If there is no will (or you do not specify it in this legal document), a court will appoint a guardian – if the child’s other parent is not living or available.
You can avoid legal challenges – we have heard of stories of conflict among siblings about a who-is-getting-what thing. Well, that happens more often than people might think. As will is a binding document that details your desires when you are no longer around to speak for yourself, you (specifically, the people you leave behind) can avoid conflict that may otherwise end up in a court battle.
You can reduce estate taxes – this can be more technical if you have a valuable estate that exceeds the federal estate tax exemption. However, with the help of a will attorney in Rancho Bernardo, CA, you will be on the right track. An attorney can help by exploring ways to reduce inheritance taxes.
Online looking for a reputable will attorney in Rancho Bernardo, CA? Contact the Law Offices of Ronald Webb today.
