A Will Gives You and Your Family Peace of Mind

Creating a Will and Testament document is extremely important if you own a large number of assets and there are multiple people who could lay claim to them after your death.

Functionally, a Will ensures that you can precisely specify which assets go to whom and under what conditions. This essentially gives you complete control over what happens to everything you own after you die, ensuring that the assets are divided correctly to your next of kin.

What Types of Indications Can Be Included in a Will?

In addition to containing instructions on what assets go to whom, wills can also contain complex indications regarding who will be the legal guardian of your children, who will manage your assets until they come of age, and who will serve as the executor. The executor will be the person responsible for ensuring that the indications included in the will are followed correctly.

Why Include a Will in Your Estate Plan?

Drafting a will ensures that the Courts will not have a say in deciding how your assets are distributed. It can also be useful for ensuring that the assets will all go to your spouse, allowing them to administer it. If this indication is not present in the will, or without a will altogether, your assets would be divided between your spouse and your minor children. However, the latter would not be able to access the assets until they come of age.

By indicating that your spouse will receive all your assets, you can ensure that they will have complete control over the family’s finances and be able to use all the resources at their disposal in order to take care of the children.

How to Contact Lawyers for Wills?

Schedule a meeting with Lucknbill in County of Boone, Missouri and draft a Will that will your assets are divided properly.