Share:

Nobody wants to dwell on death or think about what happens after they die, so people often delay creating a will. Unfortunately, your loved ones will face the consequences if you do not plan ahead. Michael A. Newland Law Office in Hamilton, OH, has spent more than 20 years helping people of all ages and backgrounds create wills to ensure their family members will be provided for after their death. Whether you are married with children or single, a will ensures your assets will be distributed according to your wishes and your estate will avoid the difficulties of not having this crucial document.

3 Consequences of Not Having a Will

1. Courts Will Make Asset Distribution Decisions

Will HamiltonOHIf you die intestate — without leaving behind a will — in Ohio, your estate will be transferred to the probate court in your county. They will determine how your will is distributed. Only spouses and blood relatives typically are included in this distribution, so unmarried partners could receive nothing.

2. Courts Will Appoint Guardians for Minor Children

Having a will is especially important for people who have minor children. Most parents name potential guardians for their children in their will, but this critical decision will be left to a judge if you don’t have a document stating your intentions. Although most judges evaluate familial relationships and other factors carefully, their decision might not align with your wishes.

3. Your Estate Might Be Subjected to Federal & State Taxes

Without a will, your estate could be taxed by federal and state entities, depending on its size. Federal taxes apply only to exceedingly large estates, but state tax laws can apply to smaller estates. While Ohio does not have a death tax, other states do, and a well-constructed will can help your loved ones avoid this payment.

If you’re wondering about how to make a will, contact Michael A. Newland Law Office in Hamilton, OH. They will use their estate planning experience to ensure your will provides for your loved ones while avoiding taxes, probate, and potential conflicts among family members. To schedule a consultation with an attorney, call (513) 887-9595. Visit their website to learn about the services provided by their divorce lawyers and child support attorneys.

tracking