Writing a will is important because it tells everyone what should happen to your money, possessions, and properties in the event of your death. Collectively your money, possessions, and properties make up your estate, and if you do not leave a will, the law will decide how your estate is passed on, which could not be in line with your wishes. So the first reason why you should write a will, is so that the law will not be the ones overseeing your estate.
The second reason why you should write is a will is so that it makes the process easier on your family and friends. Sorting out your estate will be hard on them, since they are in the grieving process, so to establish a process in order to help them is only fair.
By writing a will, you can help reduce the amount on Inheritance Tax that might be payable on the value of the property and money you leave behind. This is again important because it is taking care of the ones you love.
Finally the fourth reason you should write a will is because it helps your children & family who depend on you financially. Helping them financially could go a long way into them living a better life.
Who Executes the Will on Your Behalf?
In most cases the lawyer who helped you to draft the will, will be the one who executes it on your behalf. They will do their best to make sure your wishes are followed, as long as they do not involve breaking the law.
Write Your Will With Law Offices of Nicholas J. Del Pizzo
If you need help with wills & estate planning, contact the Law Offices of Nicholas J. Del Pizzo. We have the experience will this all-important and will take the proactive steps to protect your assets.