Why Are Estate Services Necessary?
Estate Planning services are there to help you plan what happens to your estate if you pass away or cannot make decisions for yourself.
Caring.com’s 2022 Wills and Estate Planning Study showed that younger individuals nationwide were likelier than middle-aged Americans to have a will in 2022. No matter your age, understanding the purpose of estate services is necessary for all adults.
Our Estate Planning services will dive deep into your assets and determine where you want them directed. Professionals can work with you to ensure your Will is unlikely to be contested if you’d like to leave people out of it when you pass away. They’ll ensure your estate planning is worded perfectly to guarantee your heirs get precisely what you want them to have.
Complex assets like real estate and businesses must be managed properly after a person is deceased. Some people choose an heir to manage the company, while others sell everything and donate the proceeds to charity. Proper planning ensures your assets are appropriately managed according to your wishes.
Many estates go through a legal process called probate which divides and distributes a deceased person’s assets. Families often squabble over who gets what during probate. Proper estate planning can avoid probate. But when it happens, having the proper paperwork makes the probate process seamless for heirs and helps prevent disputes.
Individuals with dependent children should create a Will to express their wishes for guardianship and help guide the court’s decision. Many people in the family have the option of fighting for custody after a person passes away. Your child may wind up being raised by someone who doesn’t share your values if you don’t invest in estate planning.
Estate planning protects everything you have, including your children and extended family. Contact us when you’re ready to start planning. The team at Assertion Law Firm LLC and 417 Business & Elder Law is here to assist you.
Estate Planning services are there to help you plan what happens to your estate if you pass away or cannot make decisions for yourself.
