Estate planning can be as confusing as it is vast. Even terms like beneficiary, affidavit, and bequeath can make anyone’s head spin. Fortunately, our estate planning lawyers can take care of all of that for you. We’d like to shed some light on a few things you should know about estate planning, especially your will.
Revisions Matter
Something that we can’t stress enough is the importance of making revisions to your existing will as often as needed. Your life changes often, and when these changes happen, it’s best to adjust your will accordingly. This can include marriages, births, large purchases (homes, cars, etc.), and much more. When new people come into your life and you’d like to include them in your will, then do so.
Don’t Draft One Alone
One major misconception many have is that drafting a will is easy, however, this isn’t always the case. The process can be a lot more time-consuming than you think, and different legal technicalities make drafting one a chore. That’s why we strongly urge you to have us guide you when it comes to putting a will together.
Living Wills Can Help
Wills don’t always take effect once a person passes away. There are different types of wills that can take effect when one is alive. These are known as living wills and apply to certain situations. For example, if a person becomes seriously ill, is horribly injured, or incurs some other incident that leaves them unable to care for themselves, then a living will can help. This stipulates how care should be carried out if one isn’t able to make these decisions on their own.
Our McAllen Lawyers Can Help
At Fryer and Hansen, we know the topic of wills is a difficult one to face. Our McAllen estate planning lawyers can help make the process as seamless as possible. Contact us today for more information about what we can do for you.