A will is one of the most important legal documents a person can draft. A will allows a person to dictate who inherits their assets and possessions upon their death. With this type of document, a person can avoid the intestate process through which a court becomes involved in distributing assets. Dealing with the distribution of a loved oneís estate can be stressful for surviving family members, and a clearly outlined will can help reduce this stress and deter potential conflicts among beneficiaries. Wills can also minimize the tax consequences associated with the transfer of a personís belongings and ensure that family members continue to receive financial support. There are, however, certain rules and requirements associated with both the writing and the enforcement of a will. For more information, call and make an appointment for a consultation.
Wills and Estate Planning