Huntsville Will Drafting Attorney
When it comes to taking care of your family and your belongings, few options are as effective nor as well known as a will. Also known as a “last will and testament”, a will is a legal document that helps to protect your property and your family in the event of your death. You can do a variety of things using a will, and can help safeguard against a number of unknowns. Let's take a closer look at the many ways in which a will can benefit you below!
WHAT DOES A WILL DO?
You have probably heard the term “will” before in some function or another. It is a common document that almost everyone should complete in order to protect their assets and their loved ones. To put it quite simply, in fact, that's exactly what a will does – it works to ensure that your family and your property are safeguarded should you pass. There are a variety of different ways in which a will can help accomplish this goal.
First of all, you can use a will to determine who will receive your property. This is probably the most well known function of a will, and it is certainly one to keep in mind. When you have a completed will and testament on file, you have the peace of mind of knowing that your belongings will be distributed exactly as you want them to be. You can further ensure that this is the case by naming someone as an executor of your will. This person executes the contents of said document and makes sure that everything is properly carried out.
Beyond the above reasons to contact an experienced attorney to help you with your last will and testament, a will can help you in a number of ways that you might not expect. Did you know that you can use your will to name someone to be the personal guardian of any minor children you might have in the event of your death? You can ensure that even if you are unable to care for your children personally, they will be raised by whomever you think will do the best job and name in the will. You can also name someone to manage any property that you leave to the aforementioned minor children. This helps guarantee that any money or property you leave behind is kept safe until your children are old enough to handle the responsibility.
WHAT HAPPENS IF I DON'T HAVE A WILL WHEN I DIE?
In the state of Alabama, passing away without a will in place will leave your property to be distributed in accordance with the state's “intestacy” laws. This means that it will be handed out to your closest relatives. Your spouse and children will be considered first, however the list continues with even distant relatives such as aunts, uncles, cousins, and even relatives of your spouse. Should this list be exhausted and no one is found eligible to receive your property, then the state will take control of it. This is of particular concern to individuals who are not necessarily worried about leaving their property to family, but rather to specific charities or organizations rather than leaving it all to the state.
Alabama Will and Testament Lawyer
Sara Doty, Attorney at Law, LLC, can help you create the perfect will and testament for your needs. Call us for an initial consultation at 256-519-9970.