Despite knowing the importance of having a will, many Americans don’t have one. Some think it's a tough matter to tackle, whereas others believe it's not worth the effort. Here are some compelling reasons to speak with a will attorney before the year’s end.

Why Should You Begin the New Year With a Fresh Will?

1. Prepare for the Inevitable

Even if the past year has been easy, you should consider how your assets and estate are distributed if unforeseen circumstances happen. The future may be unpredictable, but you have control over your legacy when you're gone. If you already have this legal document, update it with your will attorney to accommodate life changes that occurred this year.

2. Avoid Intestate Succession

If you pass on without a will, intestate succession laws decide who inherits your property and what proportion of your assets they receive. While these laws prioritize immediate family members, the state's asset distribution may differ from the allocation you envisioned.

For instance, if you want a portion to go to charitable organizations or your friends, this won't be possible under intestate succession. If you don't have surviving family members, the state government may claim your entire estate. When drafting this legal document, consider consulting a reliable will attorney to make sure it satisfies the basic requirements.

3. Prevent Family Conflicts

Disagreements may ensue if your heirs don't know your specific wishes, or if they have different opinions on what you would have wanted. A valid will can prevent speculations and effectively settle family arguments before they escalate. Additionally, a will empowers you to have the final say on vital matters, such as child guardianship, trusts, and a designated executor.
 

When you consult with an experienced will attorney from Stayton Law, you are assured of reliable legal advice and personalized representation. For 20 years, this esteemed law firm has helped clients in the Willamette Valley, OR, and the surrounding areas gain a deeper understanding of their cases, whether these involve estates, family law, corporate law, or employment law. Call the firm at (503) 769-7741 to schedule a consultation or visit their website to get in touch with them online.