The Importance of Having A Will

Having a will is arguably one of the most important things you can do for yourself and your family. Not only can a will legally protect your spouse, children, and assets, it can also spell out exactly how you would like things handled after you have passed on.  Whether it is choices about your health care, finances or children, the Missouri Will and Estates Attorneys at Boehmer Law can help you get a peace of mind about your future needs.  Our initial consultations are always free so please call 636-896-4020 today.

While everyone who has a Will or Estate, here are some important reasons to plan for your future:

• You decide how your estate will be distributed. A will is a legally-binding document that lets you determine how you would like your estate to be handled upon your death. If you die without a will, there is no guarantee that your intended desires will be carried out. Having a will helps minimize any family fights about your estate that may arise, and also determines the “who, what, and when” of your estate.
• Your wishes are made known on who will take care of your minor children. A will allows you to make an informed decision about who should take care of your minor children. Absent a will, the court may take it upon itself to choose among family members or a state-appointed guardian. Having a will allows you to appoint the person you want to raise your children or, better, make sure it is not someone you do not want to raise your children.
• To avoid a lengthy probate process. All estates must go through the probate process, with or without a will. Having a will, however, speeds up the probate process and informs the court how you’d like your estate divided.
• Minimize estate taxes. Another reason to have a will is because it allows you to minimize your estate taxes.
• You decide who will wind up the affairs of your estate. Executors make sure all your affairs are in order, including paying off bills, canceling your credit cards, and notifying the bank and other business establishments. Because executors play the biggest role in the administration of your estate, you’ll want to be sure to appoint someone who is honest, trustworthy, and organized (which may or may not always be a family member). You will want to discuss the role and responsibility of whomever you choose to be the executor to ensure they are willing and able to do the job.
• Avoid greater legal challenges. If you die without a will, part or all of your estate may pass to someone you did not intend. 
• Because you can change your mind if your life circumstances change. A good reason for having a will is that you can change it at any time while you’re still alive. Life changes, such as births, deaths, and divorce, can create situations where changing your will are necessary.

Talk to an Attorney About the Reasons You Should Have a Will
Please contact our Estate Planning Attorneys at Boehmer Law, let us help you plan for your future.   Your initial consultation is free, and the St. Charles, MO Estate Planning Attorney can help walk you through the process.  Please call 636-896-4020 today.