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After working hard to build a life and take care of their families, many people don’t think about what will happen to everything after they’re gone. They assume their loved ones will know what to do or that they can take care of it later; unfortunately, the unexpected can happen at any time. Below are just a few reasons why consulting with an estate planning attorney is so important.

Why Is Estate Planning Important?

1. Controlling Who Gets Your Assets

If you pass away without a will, all belongings will be divided among blood relatives, and not necessarily in a way you would want. No matter how many times you’ve told loved ones how to distribute the assets, the only way to make your wishes enforceable is to prepare a will.

2. Taking Care of the Kids

An estate plan also provides the opportunity to name a guardian to care for your children if something happens before they’re grown. Otherwise, the court will nominate a family member, based primarily on their relation to you and not the strength of your relationship.

3. Avoiding Family Disputes

attorneyWhen emotions run high, disagreements about a loved one’s estate can ignite bitter feuds that tear families apart. Having an attorney prepare the estate planning documents ensures your wishes are clearly expressed, and the person you choose is in charge of handling the finances.

4. Making Your Own Medical Decisions

A comprehensive estate plan includes more than a will. For instance, an advance medical directive allows you to leave detailed instructions about what types of treatment outcomes are preferable. Should you become incapacitated or unable to decide later, the papers ensure your wishes are respected.

 

The attorneys at The Law Office of Steven Privette have been practicing for over 30 years, providing high-quality legal counsel to clients throughout Willow Springs, MO. No matter how complex your estate planning matters may be, you can rely on their team for detailed advice and personalized attention. Schedule a consultation through their website or call (417) 469-3535 to speak with a trusted local attorney today, and follow their Facebook for news and updates.

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