Many people still procrastinate completing or updating their will. Drafting and executing a will can guarantee, if done correctly, that your final requests are carried out accordingly. This, however, is only the first step. It is crucial to update your will periodically. The most important time to do this is after a significant life change is experienced, such as a health scare, loss of a very close relative, involvement in a major car accident, or victim of a wrongful death. It will be important that once you complete your will, you modify it as needed. Help from a probate law attorney can assist with the drafting and updating of your will as necessary. Our friends at Cohen & Cohen have provided steps of what to do when creating or updating your will if you are involved in a life changing experience.
Why Should I Have a Will?
Unfortunately, many people pass away or become extremely paralyzed o incapacitted without a legal will in place. Making sure that you have a current will is vital to ensure that your assets are distributed according to your wishes. Having a will in place will put your mind at ease knowing that your belongings will be distributed accordingly and final wishes executed in the manner you desire.
Updating Your Will
It is important to update your will for a number of reasons. You will want to make sure that you do this as soon as possible, especially in the event that you unexpectedly fall victim to a tragic accident. There are various reasons to update your will that include, but not limited to: