Why You Should Write Your Will Sooner Rather Than Later
Many people think that they are too young or too healthy to worry about a time in their life where their health may fail or they may need to have a last will and testament. However, if anything is true about life, it is that nothing is certain and everything is unpredictable. There are many reasons that you should consider writing your will sooner rather than later. Get to know more about some of these reasons so you can be sure you are doing the right thing for you and your possessions.
You Want Control Over What Happens to Your Estate
For most people, the things they own and their assets are a part of them and a part of the person that they are. Because of this, what happens to those items after they pass on is important to them and their legacy. If you have family heirlooms, for example, you want to make sure that those heirlooms stay in the family rather than get sold as a part of a broad-sweeping estate sale.
Writing a will allows you to designate what happens to your possessions after you are gone. If an item is supposed to be passed down to the firstborn son in the family, you can ensure that those traditions are upheld. Or, if you simply know who you want to leave your items to, whether they are family or not, you can designate that as well. While you may not have control over when you pass on or how it happens, a last will and testament can give you a sense of some control over the situation.
You Want to Make the Process Easier on Your Loved Ones
When a person passes on without a will, it can mean chaos for the people left behind. With nobody left in charge for probate administration (managing the estate after a person's passing), fighting and arguments can ensue and your loved ones may experience more stress after your passing than they need to.
Having a last will and testament will help to make the process of dealing with your estate after you are gone much easier and less of a stressor. In your will, you can name an executor whose job it is to make sure that the will is followed and your wishes honored. This can be a trusted friend or family member or could be a legal professional. Naming an executor will prevent that fighting and arguing and will ensure that there is structure and order in managing your estate.
With these reasons in mind, you can better see why it is so important to write your will sooner rather than later. Visit a site like http://www.davis2.com/ for more help.
