A recent news article by CNBC highlights an independent study conducted by Bank Rate. 1,000 parents of minor children were polled about whether a living will was in place. The results were astounding. More than 33% of participants admitted that this was lacking, even though many were aware of the protection wills offer in the event of death or disability. Pater, Pater & Halverson Co. are estate planning attorneys in Hamilton, OH, who handle this area of the law. The law firm wants you to take the opportunity to pay a nod to National Make-A-Will Month, which happens this and every August.

The National Make-A-Will Month is a campaign that aims to bring awareness to the significance of having a will, especially when you have minors depending on you financially. A will presents tremendous benefits, including:

• Speedy Asset Divisions: When a will is in place, this spares your loved ones a lengthy wait where the state will rule on the assignment of assets following your death.
• A Guardian Is Named: For parents of minor children, this legal document provides peace of mind. Should a death occur, you get to choose a legal guardian as opposed to leaving this decision in the hands of the state.

Even if you do have a will in place, Pater, Pater & Halverson Co. recommend reviewing this document every few years to ensure your goals are still the same. Pater, Pater & Halverson Co. have spanned four generations since their establishment in 1889, and specialize in estate planning, including probate, wills and trusts cases.

Don’t put off making a will. Contact Pater, Pater & Halverson Co. today by calling (513) 867-1411, or visiting them online.