You know it’s a good idea to plan for the day when you will no longer be here, but you don’t really want to think about it actually happening. Besides, you won’t be here anymore so let them fight over it.
Well, that’s one way to look at it, but what about the loved ones you leave behind? Do you really want them fighting over material things or even worrying about how to pay off your final debts at the same time that they are grieving over you being gone?
Think of it as doing a little spring cleaning. That’s another job we often put off until later, after the piles are so high or the dust is so thick, you can’t stand it anymore. But, if you keep up with it, the job is not so insurmountable.
When you apply this thinking to preparing a will, start out by writing down what is in your inventory of stuff around the house that you would like to pass on to a loved one. You have now started to write your will. By writing down which item should go to which loved one, you are making your wishes clearly known, and hopefully it will serve to mitigate any future disagreements.
A day or two later, sit down again and think about your children, grandchildren, or other loved ones who maybe depend on you for financial support and what might happen to them if you were not around anymore. For example, if you are a single parent and your children are still minors, who would you want to finish raising them? Also think about whether or not you want your children to become wards of the court, placed in some temporary situation uncertain where they will ultimately live and with whom.
A will can name a guardian and set aside money for future financial support.
And what about those finances? If you don’t have an investment portfolio and not much money in the bank, who do you think is most capable of providing for your children and willing to do it?
When you think about the kinds of problems you may be leaving behind, it might become worth it to you to change your thinking about writing a will.
Of course, there are many other problems or messes you can leave behind for some one else to clean up, most of which can be solved ahead of time in a will. All you really have to do is change your attitude and think about what you can do now to make things a little bit easier for them.
Information contained in this article is not intended to be legal advice nor applicable to all situations. For legal assistance, contact an attorney in your state of residence. You can visit Arleen’s website at arleenrichards-law.info.
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