It’s Never Too Early to Write a Will
Are you perfectly fit, following a healthy diet plan, exercising, and are spending a happy life with your family? Not worrying about life and delaying the important stuff as you have a lot of time left? Well, think again!
Life is unpredictable, and no one really knows what life has in store for them! Preparing for the worst is a perfect way you can live a carefree life. It is not like you need to stop enjoying your life with your family and start worrying about death. You need to simply stop delaying the tasks that are important and writing a Will is one of them.
Thinking that Wills are only for wealthy people? Well, you are wrong. Everyone needs to have a Will. Wills are not just about the valuable assets you own, but this document is for the financial and physical security of your family, including your spouse, children, or any other relatives that will be affected if you pass away.
Understand the fact that it is never too early to write a Will. Drafting a Will is a relatively simple way to secure the future of your loved ones if die due to an unfortunate accident.
What if you die without writing a Will? Have you ever thought about what will happen to your kids after you pass away? In the absence of a Will, the court decides who will be the guardian of your kids. Can anyone decide it better than you? Exactly! No one can take a better decision for your children except you. Even though the court makes all the efforts to carefully examine the circumstances the court does not know what you know and what your wishes are!
Why let some strangers decide upon the future of your kids? Take care of all these important tasks, the sooner you can!
Naming the Guardian
First things first, make sure you write a Will with the help of a Utah lawyer and name the guardian for your kids. The person you name will be the one responsible for your childrens’ lives, therefore choose wisely. Do not let your emotions cloud your judgement. If you think your friend will be more willing to take such a big responsibility than your sister, you do what is best for the kids.
Dividing the Possessions
Before you begin with this section, know that it is your money, you can give it to whoever you wish. In case there is no Will, the court may give your financial assets to the government or your family. If you have other plans about your money such as giving a portion or all of it to charity, establishing a trust, or invest in your child’s education, you may write it in your Will.
These are just a minor portion of the things that you need to write in the Will. A wise approach is to keep updating your Will over time. You need to review and update your Will if your life goes through a significant change such as marriage, childbirth, or divorce. The legal matters are very complicated; therefore, it is best you hire a reputable and fully professional attorney in Utah to handle it!