Wills Lawyers in Mesa
Helping Clients Preserve and Manage Wealth
Your bank accounts, investments, property, and businesses are all important to you in life. But when it comes to end-of-life planning, many individuals neglect to think about what will happen to all their assets once they have passed. Fortunately, you don’t have to leave your assets or your estate up to chance. By creating a will with a wills attorney, you can ensure that your final wishes are granted, and your family members inherit your assets without a hitch.
At The Turner Law Firm PLLC, we pride ourselves on finding estate planning solutions to protect our clients’ assets after death. Whether you have already started creating your estate plan or you simply have questions, our team can assist you. For a free consultation and to learn more about our services, call us today at 623-253-8718.
What is a Last Will and Testament?
A last will and testament, commonly called a will, is a set of legal documents that dictate an individual’s final wishes after death. A will is one of the most common estate planning documents, and it’s an essential part of protecting your assets and distributing them to beneficiaries after you pass. In your will, you can designate a single person to be the executor of your will and oversee the distribution of assets.
In your will, you can do the following:
- Name beneficiaries
- Name a guardian for minor children
- Distribute assets and property
- Donate assets to charity
Creating a legal and lawful will is essential. Although it is technically possible to create a will on your own, doing it without the help of a wills lawyer can lead to vague or inaccurate language. If your will is contested in court, it could mean delaying asset distribution or causing contention between family members. If you’d like to create a will, contact our law office today for more information.
What is a Living Will?
A living will is another type of legal document that has to do with end-of-life planning. However, in a living will, you dictate your healthcare preferences and medical treatments you do or do not consent to. A living will is often referred to if an individual cannot make their own decisions due to illness, injury, or mental health issues.
A living will can cover many different medical procedures, including the following:
- Organ donation
- Feeding tubes
- Breathing tubes
- Blood transfusions
- Pain medications
- CPR preferences
Living wills are also sometimes called “medical directives” or “advanced healthcare directives.” Many individuals choose to have living wills to assist their loved ones if they become incapacitated. It can be difficult and traumatic to make medical decisions on behalf of a loved one, especially if they are severely injured or ill. By drafting your medical preferences, you allow your family members to rely on your wants and needs instead of guessing. If you’d like to create a living will, contact our law firm to get started.
What Happens if You Die Without a Will?
Dying without a will is referred to as dying “intestate.” When an individual dies without a will, it is up to the state to decide how to divide their assets among any beneficiaries. In most cases, a surviving spouse will inherit most of the estate assets, with the rest being divided amongst any descendants of the deceased. If there is no surviving spouse and the descendant has no children, then the estate goes to the next closest living relative. This could be a parent, a grandparent, a sibling, or a cousin. In most cases, the closer the relationship is to the deceased, the more the individual inherits.
Dying without a will in place can leave your family with unnecessary court costs and litigation matters. Because your estate must now go through the state, it can be a long time before any of your relatives receive their rightful assets. Plus, dying without a will means the state can use its judgment on divvying up your estate. This could mean that certain family members get nothing while other family members receive everything against your wishes. If you don’t have a will, contact our law office today to get started protecting your estate.
Can a Will be Modified or Revoked?
Some people hesitate to create a will if they think their priorities might change in the future. Fortunately, it is possible to modify a will even if it has already been submitted. By working with a will lawyer on our team, you can submit a codicil to amend or add to your will at any point. Because a codicil must be written with the same formality as a will, it is crucial to work with an experienced attorney.
If you wish to revoke your will at any time, you can do so by destroying the will. Simply burning it or tearing it is enough to revoke a will. However, it is essential to have another will in place to protect your assets and your legacy in the event of your death.
How Can an Attorney Help Me?
You’ve spent years acquiring all of your assets, and now it’s time to create a plan for them when you’re gone. Passing on your money, property, and other assets is an important decision, and you can take it into your own hands by working with our legal team. At The Turner Law Firm PLLC, we will work with you to examine your financial goals and your end-of-life plan to draft a will that protects your assets and your family members. Don’t leave your legacy up to chance. Call our office today at 623-253-8718 for a free consultation.