Missouri residents all across the board often put off preparing their wills, which is entirely normal. However, with the help of Hamra Law Firm, LLC, you can go through the process as easily and quickly as possible.
When you begin to look into preparing your will, there are a number of things that you want to keep in mind. The first set of items involves knowing what wills can do for you. With a will, you can:
- Elect if you want a simplified administration or one overseen by the court
- Designate guardians for anyone under 18 who is under your care
- Designate an executor to gather and distribute assets, pay bills, and ensure your wishes are met
- Designate trustees for funds you don't want given out all at once
As you can see, having a will gives you a huge amount of control over where your money and other assets go, how they will be divided, and when other people will receive them.
However, you should also keep in mind that you will need to allot money for probate costs, as a will does not allow you to dodge probate. Wills also need to be probated in the county in which you reside. Any area in which you held real estate will also go through this process.
Don't continue to push off creating your will. Consider taking a look at our web page on wills and things to know about wills, located here. You can also contact us to discuss your unique situation further and get an idea of where to go next.