Regardless of your circumstances, it is a good idea to have a will
October 21, 2019 | Wills
It is extremely prudent to have a will. Whether you have assets you would like to give to specific people, provide for the care of your children, establish a trust to care for those dependents, or leave instructions on how to care for the family pet, a will can offer you peace of mind that your wishes will be enforced by a probate court.
Discussing the prospect of one’s death and planning for the aftermath is usually not a pleasant subject. That said, failing to plan ahead can have real consequences for the loved ones you leave behind. If you die without a will, you are considered “intestate.” Intestacy means your assets are distributed pursuant to the Nebraska intestacy statutes.
In layman’s terms, this means the court will use the intestacy laws as a flowchart to determine where your assets go. That flowchart usually distributes to spouses and immediate family members. Simply put, failing to leave a will takes what you want out of the equation, and the Court will order your assets distributed to whichever family member the law requires your assets be distributed to.
The will is an incredibly versatile tool which can be carefully crafted to precisely deal with whatever wishes you have regarding the administration of your estate. It can also anticipate challenges and circumstances long after you are gone. A will can also lessen the headache and heartache your family will face in dealing your passing.
If the will is written properly there will be a clear roadmap for the Court and your Personal Representative to follow in the administration of your estate. This makes any destructive family fighting over the assets in your estate less likely. While it is an unpleasant thought, fighting over assets regardless of how minimal those assets may be, has ruined many families. You can take the easy step of drafting a will to help minimize those risks. We never want to think that will happen, but having a will ensures your wishes are first priority and reduces the risk of disagreements.
Wills can be fairly simple and cost effective to have drafted, especially with the benefits they offer.
High & Younes does offer those services. You can reach us at (402) 933-3345.