When we\u2019re young and healthy, getting a will drafted up may seem like the furthest thing from our minds. However, as long as you have property and assets, an estate plan and will is a very good idea as everything will be divided up based on your wishes. The alternative to not having one means that things get complicated; your assets might not get into the right hands, and if they do, it may be a lengthy, costly, legal process that could have been avoided. <\/p>\n\n\n\n
If you are young, single, don\u2019t have kids, money, property\nor any other assets, then you likely don\u2019t need a will at this time. However,\nif you do have any or all of these things, you definitely need a will! The\nprocess is likely easier than you think, and the headaches and heartaches it\nsaves your loved ones in case of your death is significant. It\u2019s important to protect your assets and\nmake sure they go to the right people, and the best way to do that is to get\nyour will drafted and signed. <\/p>\n\n\n\n
The following list outlines some important life events that\nshould spark anyone into action to start their estate planning. <\/p>\n\n\n\n
Significant life\nevents<\/strong><\/p>\n\n\n\n If you\u2019ve gone through any of these big life events, then\nit\u2019s time to get the ball rolling on that estate plan a.s.a.p.: <\/p>\n\n\n\n Even if your income or assets are modest, having a will in\nplace will give you peace of mind that you can distribute them as you see best,\nand not leave it up to others to make that decision. <\/p>\n\n\n\n Dealing with change <\/strong><\/p>\n\n\n\n We experience a lot of change throughout our lives, and our\nrelationships, income, houses, assets and family size\/dynamics can go through\nbig transformations. Whenever there\u2019s a big life event whether positive or\nnegative, it\u2019s important to make sure your will reflects this. For example, if\nyou get a divorce but don\u2019t change your existing will, your ex-spouse will\nlikely end up with your assets unless the will is updated. It\u2019s a simple visit\nto your estate lawyer to make the necessary changes, but many people unfortunately\nforget this critical step and their property winds up in the wrong hands. <\/p>\n\n\n\n Additional factors <\/strong><\/p>\n\n\n\n While most people think of their will as a document that\noutlines their asset distribution or who will care for their dependent\nchildren, it can also serve as a guide to your funeral arrangements, trusts or\nspecialized funds for loved ones or other factors you want acknowledged after\nyour passing. <\/p>\n\n\n\n When you draft up your will, you\u2019ll be asked to name an\nexecutor. This trusted person is in charge of ensuring that your last will and\ntestament is carried out as per your wishes. This job is best managed by\nsomeone who is organized, responsible and can look after the administrative\ntasks and paperwork. If you don\u2019t have someone in mind, there is also the option\nto hire an outside agent to act as your executor. This person will be an\nimpartial, neutral party who can ensure your will is executed carefully. <\/p>\n\n\n\n Getting started <\/strong><\/p>\n\n\n\n If you checked off any of the \u2018life event\u2019 items within this\narticle, then we have news for you: It\u2019s time to start your estate plan. All\nthat\u2019s left to do is call and make an appointment with a law office that\nspecializes in estate planning and wills. From there, you can work with them to\nfinalize that will; it\u2019s easier, and more affordable than you may think. Most\nof the clients we meet tell us after their wills have been signed that they\nfeel such a relief, and wish they had done it all sooner. Why not connect with\nus and we\u2019ll get started. Whether it\u2019s an elaborate estate plan you need, or a\nbasic will, we\u2019re here for you. Here at Ares Law, wills and estate planning are\nour specialty. Call today at (705) 746-6444. <\/p>\n","protected":false},"excerpt":{"rendered":" When we\u2019re young and healthy, getting a will drafted up may seem like the furthest thing from our minds. However, as long as you have property and assets, an estate plan and will is a very good idea as everything will be divided up based…<\/p>\n","protected":false},"author":1,"featured_media":1452,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[1],"tags":[56,96,64,112,60],"class_list":["post-1451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-bracebridge","tag-estate-lawyer","tag-estate-planning","tag-will-executor","tag-wills"],"yoast_head":"\n