Having a will is crucial as it ensures your assets are distributed according to your wishes after your death. Without a will, your estate falls under the intestacy laws, potentially leading to unintended distribution outcomes.

Key benefits of having a will include:

• Control Over Asset Distribution: You can specify the distribution of your assets, preventing the default application of intestacy laws that might not reflect your desires or your family’s needs.

 

• Appointment of Guardians: For those with minor children, a will enables you to choose their guardians, rather than leaving the decision to the courts.

 

• Reduction of Family Disputes: A legally binding will can clarify your intentions, reducing the likelihood of disputes among heirs that can lead to legal battles and strained relationships.

 

• Selection of an Executor: You can choose an executor to manage your estate, rather than having the court appoint one, which might not be in line with your preferences.

 

• Tax Planning: Including tax planning in your will can minimize estate taxes, ensuring more of your assets reach your beneficiaries.

 

To ensure your estate planning aligns with your goals and preferences, consider consulting with a qualified attorney specializing in wills and estates. For personalized guidance, contact Roth Elder Law, PLLC at 607-962-6162 or complete this intake form to schedule a meeting. Take proactive steps today to secure your legacy and provide peace of mind for yourself and your family.