4 Reasons to Have Your Will Done Early

January 30, 2023
 By Erin H.

A will is an important document, not just in terms of money, but also in terms of the peace and stability that having one grants you and your family. This makes it a good idea for you to take the time to draft one. If you’d like to see some solid reasons why it’s a good idea for you to have a will, have a look at the four reasons below.

1. You Don’t Know What the Future Holds

The first and main reason why it’s a great idea to write a will as soon as you can is that no one knows what the future has in store. This is especially true for married people and those who have families and dependents. With roughly 50% of marriages in the United States ending in separation or divorce, it’s a good idea to secure the future of any children you may have by writing a will. In your will, you’ll outline the care you want to be taken of them. You’ll also nominate a guardian who you feel will be able to take the best care of your children when you’re not around. This will grant you a lot of peace of mind since you’ll know that your children’s future is secured.

2. It’s Easy to Make One

Currently, writing a will is a simple matter of finding a professional to help you draft one the right way. It’s something easy enough to do in a few hours, so you’ll have the rest of the day to do as you please. Working on your will with the help of a professional is the best thing you could do. This is because they can help you identify and clarify terms you may not be familiar with. In this way, they can help you draft a legal document that puts your interests across accurately. For instance, they may let you know that in Washington, an estate qualifies to be called a small estate when the decedent’s assets are less than $100,000. The more you know, the easier it will be to come up with a document that can be translated easily and correctly.

3. You Secure Future Health Care You May Need

As time passes, people’s health care needs change. This means that you may become incapacitated at some point in the future. This may be a result of getting involved in an accident or suffering from an illness. Note that 14.3% of assisted living communities have a floor, wing, or care unit designated for dementia. In the event that you suffer from dementia in the future, you may want to have specific care taken of you. This is something that you can include in your will to make sure that the people you leave behind will accord you the exact care you want. A will gives you more control of your future in this way and also makes things easier for those you leave behind.

4. You Lower the Odds of Family Tussles Over Your Estate

Last but not least, when you write a will, you lower the odds of tussles coming up over your estate in your demise. When everyone knows exactly what their share comprises, it’s going to be harder for any of them to cause issues. You can allocate part of your estate to dependents or a special cause, or even set up an educational or other trusts for your children. This may ensure that they don’t misuse money that they’re going to need in the future.

These four reasons should motivate you to have your will done as early as possible. When you have one, you’ll notice that your quality of life improves noticeably. This is because a lot more can be secured by a will than just money. Any dependents that you have will benefit immensely as well.

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