Who Is Protected in a Will?

Getting your affairs in order in the event of your death is possibly the most dreary and morbid task you can undertake. Nobody likes thinking about death, and we tend to procrastinate when it comes to estate planning. In fact, more than half of American adults don’t have a will. This can be a problem when the inevitable occurs and you leave your distraught loved ones unsure about a number of details you didn’t spell out in a legal document. Estate planning can help ensure that your family is protected and not forced to make crucial decisions at an emotional time.

When Should I Draft My Will?

Drafting a will may seem extreme or unnecessary if you are relatively young or you don’t exactly have millions in the bank. However, a will is an important document no matter the size of your estate. It is a sad truth that tragedy can strike at any time, so it is unwise to put off drafting a will because you feel you have many years ahead of you. Having a will drafted can ensure the financial protection of your spouse, children and other loved ones who depend upon you.

Can a Will Protect My Children?

If you have children, drafting a

Getting your affairs in order in the event of your death is possibly the most dreary and morbid task you can undertake. Nobody likes thinking about death, and we tend to procrastinate when it comes to estate planning. In fact, more than half of American adults don’t have a will. This can be a problem when the inevitable occurs and you leave your distraught loved ones unsure about a number of details you didn’t spell out in a legal document. Estate planning can help ensure that your family is protected and not forced to make crucial decisions at an emotional time.

Can a Will Protect My Estate?

You can also name an executor in your will; a person whom you can trust to follow through with the instructions you have laid out, and who can fairly and effectively take care of any situations which may arise. The executor will make sure the people you have mentioned in your will receive the inheritances you have stipulated, and also take care of paying off any existing debts or selling any property that may be outlined in your will. This will ensure that your family and estate will be protected from creditors or debt collectors who may try to pursue them following your death.

Wills and Estate Planning Thibodaux, LA

If you are in Thibodaux, Houma or New Orleans and thinking about drafting a will, the experienced Estate Planning & Wills Attorney at Waltz & Downer can provide you with the answers you need. Schedule an appointment today at 985-876-0870 to meet with our wills lawyer and determine whether a will is right for you.