Why Do I Need to Make a Will?

Making a will is essential to the future of your spouse, children and your property & assets. If you pass away without having a completed will, your property may not be distributed as you wish. The government would essentially decide how to distribute your property for you. In making a will, you are able to plan for how your property will be divided and passed on.

The top benefits of making a will are:

1. You determine where your property and assets go.
2. You can make arrangements for your children for after you pass away.
3. You can nominate guardians for your children within your will.
4. You may be able to lower the amount of tax payable on inheritances.
5. You can avoid the need for the court to be involved later on.
6. You are able to designate executors to manage your finances should you become disabled.

There are many more advantages seen in making a will, but ultimately you can plan for the future and reduce the level of uncertainty after you pass away. One key incentive is that in making a will, you can avoid the formal probate process, which saves money and time for your family. Handling these matters early on can prevent stress during a time of mourning for your spouse and children.

If you have doubts or questions about making a will, we can help. Our firm, Gautier & Hasty, P.L., has more than 50 years of collective experience in estate planning. We are very familiar with the process of making a will and how it can benefit you. We are ready to assist you now, get started with a free consultation at your earliest convenience.

Call us now for any and all of your estate planning needs in Coral Gables.