Although death is never an easy topic to bring up, it must be discussed ahead of time to ensure that your death does not unduly burden your loved ones once you are gone.
A well-prepared will is not only the foundation of your estate planning process; it is also a way to give your loved ones peace of mind as they navigate an already painful situation.
In the very least, a will clarifies:
-Who will be the executor and administrator of your estate;
-Who will be the guardian of your children, if both you and your spouse die while your children are young;
-How your estate will be shared among your family members. You can choose who receives what, how much, how often and when;
-How your business interests are to be handled;
-How your charitable donations will be distributed;
-What will happen to your home, car and family heirlooms.
Put your wishes on paper today and spare your family any unnecessary grief.
Dealing with the loss of a loved one can be overwhelming. Outline your last wishes in your will and save your family from having to make difficult decisions while they grieve.
Choose the person who will care of your children if you and your spouse were to die before your children reached adulthood.
A will outlines how your estate is to be distributed upon your death, saving your loved ones from additional grief and costly litigation.
Funeral expenses add up quickly. By providing for them through your will, you spare your family members from additional debt and financial stress during an already difficult time.