789 - Why do you need a will?

Many people think they don't need a will because they don't have any valuable assets.

I often hear people say that they don't have anything so they don't need a will but nothing could be further from the truth.

Until you look a little deeper and realize that you don't know what you don't know.

Your final testament is not only about money and valuable assets like jewelry or real estate.

Your will is your final love letter to your family.

Having a will shows your family and loved ones that you cared enough to make tough decisions so they wouldn't have to.

A will includes your Living Will, Medical Directives, and Powers of Attorney (POA)

Do you know what kind of will you need?

There are different types of wills:

Oral Wills - Oral Will is a document that is spoken aloud instead of being written down. This is typically used in emergency situations where the person doesn’t have time to write down their wishes. However, they can be difficult to prove in court. Additionally, they’re typically only valid for small estates.
Simple Wills - You can use a Simple Will to specify things like who you want to receive your property, who should take care of your minor children, and whether you want to leave money to charity. Simple Wills are the most common type of Will. They’re typically used by people who don’t have a lot of assets.
Joint Wills - A Joint Will outlines how you and another person want your assets to be distributed.
Mirror Wills - Mirror Wills are Wills that are identical in nearly every way. They’re typically used by spouses or partners who want to leave their assets to each other. If one spouse dies, the other will inherit everything.
Holographic Wills. -A Holographic Will is entirely handwritten and signed by the person who created it. It doesn’t need to be witnessed, which makes it convenient. However, they can be difficult to interpret. Additionally, there’s a risk that they could be contested in court.

I would thank LegalShield for the above information.

Tonight, 2 of our attorneys will join our top leaders to discuss estate planning and wills.

If you would like to learn about the importance of planning ahead, COME JOIN US.

It will be informative, to say the least.

Who do you know that would benefit from learning about estate planning? Invite them to take a look as well.

Estate planning is one of the most important things you can do for your family.

Do you know why you need a will?

We take the complication and high expense out of basic Will preparation.

882 - OH NO! Mercury is in retrograde!