Share:

It’s never easy to think about your own mortality, but the responsible choice for anyone with loved ones and dependents is to have a will prepared. Writing a will is the only way for you to make sure that those you care about will be taken care of according to your wishes after you’re gone.

When is the right time to prepare or update your will? The simple answer is any time your financial situation, family relationships, or health status undergo a significant change. Michael A. Newland Law Office in Hamilton, Ohio, offers some examples of life events that should make you think about your will:

3 Reasons To Write A Will

Marriage

For many people, the first sign that you need a will comes with marriage. Deciding to share your life with someone means considering how your passing would affect them. While your spouse will have certain rights with regard to your estate after your death, a will is essential in order to ensure everything will go as you’d like. You should also revisit your will in the event of divorce or remarriage to make sure that your changing relationships are reflected.

Children

imageEvery parent hopes that their children will survive them, so it should be assumed that they’ll be addressed in your will. If you’ve recently had a child, make sure that your will reflects your wishes for your child. In the event you pass away while your children are minors, your will is a crucial tool for you to see to it that they’re taken care of. As your children mature, you may choose to name them executors of your estate.

Homeownership

Purchasing a home signifies a significant change in your financial situation. As the value of your estate changes, your will should also change to address that fact and to determine how the equity in your home will be distributed after your passing.

If you have recently experienced any of these life events and are wondering how to make a will, you should speak with a lawyer. In Hamilton, Ohio, Michael A. Newland Law Office can answer any questions about wills and estate law and can even help those who need a divorce lawyer or a criminal defense attorney. To get started writing or updating your will, call Michael A. Newland Law Office at (513) 887-9595, or visit their website for more information.

tracking