6 Reasons To Have An Official Last Will And Testament

October 9, 2018
Written on behalf of Daniel H. Chambers Attorney at Law, P .C.

Life doesn’t last forever. It’s important to enjoy all of the time you can with your family and friends and appreciate it while it’s still here. However, you also need to plan and be prepared for the time after you’re gone.

Every family should create a Last Will and Testament with the assistance of an experienced attorney. Having a Will ensures that your family’s financial future is secured and can also make sure care provisions are taken in the case of children or disabled relatives.

Wills and Testaments include a multitude of different formats and customization options to suit your particular circumstances. For this reason, it’s important to work closely with an estate planning attorney to make sure you holistically assess your circumstances and draft a comprehensive, personalized plan.

6 Reasons to Have an Official Will and Testament

The Last Will and Testament document are foundational to estate planning, and its function as a planning document is strengthened in conjunction with other estate planning tools, such as a medical directive, power of attorney, and trusts. The Will document provides you with the ability to:

1. Select a guardian and backups for your children (in the case of unexpected death).
2. Select a conservator and backups for any ill family members incapable of taking care of themselves.
3. Determine how to distribute property to your chosen family members and other heirs.
4. Structure distribution to account for next-in-line beneficiaries.
5. Explain details involving the management of assets.
6. Set conditions of asset distribution.

The Last Will and Testament are powerful, but it’s worth noting that it will not avoid probate, and it is not capable of setting out detailed directives relating to medical care, among other things.

Call a Skilled and Experienced Alabama Wills & Trusts Lawyer

This blog post should not be taken as official legal advice. Comprehensive estate planning that is customized to your particular circumstances demands the efforts of a skilled estate planning attorney with years of experience helping individuals and families prepare for their futures.

Attorney Daniel Chambers has dedicated his career to helping clients successfully resolve their various family law and estate planning issues. He understands that comprehensive estate planning for can be a difficult and overwhelming process and is personally available to answer any questions or concerns you may have throughout the process.

Call 205-913-4057 or click here to get a free consultation with an experienced Birmingham, AL family lawyer