Despite the fact that people are living longer than ever before, one thing remains the same: everybody is going to pass on at some point in time. With this in mind, it is hard to imagine why so many Americans die without a valid will.
Simply put, everyone needs a will. No matter who you are, you need a will to ensure that your assets are distributed properly after you die. Along with this, there are other functions of a will, such as the ability to assign guardianship of your children.
But I don’t know where to Start
Like many, you may realize the importance of creating a will in Bellevue but are unsure of how to get started. Rather than struggle with this question any longer, the best thing you can do is contact a Bellevue estate planning attorney.
Not only can an attorney help you create a will, but a legal professional can also discuss other estate planning options, such as power of attorney.
It is easy to believe that the creation of a will in Bellevue is ultra-expensive, but nothing could be further from the truth. Hiring an attorney to create a “simple will” should not cost you more than a few hundred dollars. Of course, if you have more assets and require in-depth attention, such as the creation of a living trust as well, your cost is going to increase.
Why you need a Will in Bellevue
Have you been putting off the creation of a will? This is a mistake that could lead to lots of stress for your loved ones. Here are several reasons why you need a will:
- Makes it easier for your family to sort everything when you die, being that all your wishes have been legally documented.
- Without a will, there is no guarantee as to what will happen to your property. It is possible that somebody who was not supposed to receive anything could end up with a lot (or everything).
- With a will in place, it is possible to reduce the amount of inheritance tax paid by your beneficiary.
- A will is particularly important if you have children under the age of 18, as you will want to make sure they are taken care of in the event of your death.
The question of whether or not you should have a will in Bellevue is not one you should struggle with for a long time. You need this, and there is no better time than now to contact an estate planning attorney who can guide you through the process.