The idea of drafting an end-of-life document can be overwhelming, even for those who do not have a sizable estate. Fortunately, creating wills and trusts can be a fairly easy process with help from a seasoned lawyer. According to John E. Bach Attorney at Law in Goshen, NY, the best way to start the estate planning process is by writing down everything you’ll need to include in the documents. To get you started, he lists a few common items people often forget about.
Items People Forget to Include in Their Wills
1. Property That Has Sentimental Value
When you think of wills and trusts and what they include, sizable assets probably come to mind first. Most people accumulate a significant amount of property that has considerable sentimental value, though, and it is often these items that mean the most to loved ones after they pass. Attorneys typically have to remind clients to bequeath their awards, trophies, clothing, books, collections, décor, and other such memorabilia.
2. Instructions for Pet Care
If you were to pass while your pets were still alive, where would they go? It’s essential for those who have animals to account for their care and handling when creating an estate plan. Since life is unpredictable, there is no way to be sure that you will outlive your furry friends, and they deserve a warm and loving home should tragedy strike.
3. Alternate Beneficiaries
It is wise to review your will periodically and make any necessary modifications as needed; however, there is always the chance that something could happen to one of the beneficiaries and then to you before there’s a chance to update essential documents. Including alternate beneficiaries in a will can prevent any issues from arising if you fail to update it as often as necessary.
When residents of Goshen, NY, need help with wills and trusts, they turn to John E. Bach Attorney at Law. The seasoned lawyer has more than three decades of experience helping clients create comprehensive estate plans that protect their families in all eventualities. Learn more about the services he provides by visiting his website, or call (845) 294-7941 to schedule a consultation today.