If you’re like many people, you probably feel like you have a long time to figure out your will and other estate planning matters. However, the unfortunate fact is that many people wait until it is too late, and the result is problems for them or their loved ones later on. Now matter how young or old you might be, now is the time to hire a good lawyer to handle your estate planning. These are a few reasons why you should get your affairs in order today.
Plan for your future
Estate planning isn’t just about planning what will happen when you die. It is also important if you want to make plans for your retirement, such as where you will live and how you will take care of yourself. You can also assign future power of attorney to a family member, who can take control of your finances and legal situations if you are no longer able to do so.
Many people don’t plan for their futures, and their loves ones don’t know how to handle things later on. If you work on planning for your future now, however, you can help ensure that things go as smoothly and as well for you as possible.
Ensure that your wishes are followed
Most people have certain final wishes that they would like to have followed when they get older and when they die. For example, you might not want to be resuscitated in an emergency medical situation, or you might prefer to be cremated rather than buried. With estate planning, you can put together a list of all of your final wishes, including where you would like to be buried and which funeral home you would prefer to take care of such matters.
You can also add your division of assets to your will. If you have certain family members or friends in mind to whom you would like to bequeath any or all of your assets, you can detail these things in your will. Although thinking about such matters right now can be tough, it’s important to do if you want your wishes to be known and to ensure that your belongings and property end up in the right hands.
Prevent family disputes later
Although it is sad, a lot of families get torn apart because of disagreements over wills and property. If it isn’t made clear now about who you would like to receive all of your belongings when you die, your loved ones could end up arguing over it for years. This is obviously upsetting for any family to go through, and you probably want to prevent as many of these problems as possible.
Luckily, a will can help. By putting everything into writing now, you can help make these things clear to prevent any problems later on. Then, your lawyer can distribute everything as you have directed when the time finally comes.
As you can see, there are many reasons to see a good lawyer to start talking about estate planning. It doesn’t matter if you are young or old, now is the time to get started. Attorney Jonathan Meek has extensive experience with all aspects of estate planning and can easily guide you through the process of putting your affairs in order.
Contact Meek Law Firm today to discuss your estate planning needs. Call (704) 848-6335 or use the contact form on the right of this page to schedule a consultation appointment. We look forward to working with you.