Between work, friends, family and social time, life can get pretty hectic. The last thing on many of our minds at the end of the day is wondering what would become of our belongings if something ever happened to us. Possessions such as our home, vehicles, jewelry, furniture, etc.? A court will most likely decide what happens to it all if you were to suddenly pass on. Whether this results from an illness or a sudden tragedy, the reason doesn’t matter. You should always have a will ready just in case. We have lawyers in McAllen Texas willing to help.
We may not give preparing a will much thought, but it is definitely something to consider. Probate and estate planning go hand-in-hand with preparing a will, but we’ll be exploring more on those later. For now, let’s focus on a few reasons why having a will is so important.
You Decide Who Gets What
Having a will drafted and prepared shows that you’re being proactive. Remember, you don’t have to be wealthy or own a substantial amount of belongings to create one. Anyone can draft a will, so strongly consider doing so. Deciding who gets what is a process that shouldn’t be taken lightly, so think carefully about this. Another important decision that requires time is choosing an executor. Having someone trustworthy and honest is very important when it comes to handling the distribution of your belongings.
It’s Never Too Late to Change It
It’s never too early to start thinking about having your will prepared, but it’s also important to know that once you have it ready to go, it’s not set in stone forever. You can always go back and make any changes necessary as new changes in your life occur, such as a new marriage, a divorce, the births of children or grandchildren, new friendships forming, etc. With your family or circle of friends growing, always consider going back to your will at least once every six months to decide if any changes need to be made. Be sure and do this with the guidance of an attorney as well.
Choosing Your Children’s Caregivers
A will also allows you to decide how your children’s care will be handled if something should happen to you. Like an executor, taking the time necessary to decide who the best guardians for your children will be, such as a close family member or close friends, is extremely important and should never be taken lightly. Remember, those whom you choose will be caring for your children until they reach adulthood, so plan carefully, reach out to those who you think would be the best candidates and never rush your decision-making process.
We Are Here for You
It’s always best to think ahead of time for everything rather than brush it under the rug. The unexpected can happen at any time, so be sure to plan for it by creating your will now and with the help of our Lawyers in Mcallen. Contact us today to schedule a consultation.