When you pass away, it only makes sense that your family is responsible for settling your estate. If you don’t like the idea of having a will because it feels morbid to think of your own death, keep in mind that dying is a part of life and it happens to everyone. While it’s understandable not to want to dwell on it, Baltimore, MD funeral homes highly recommend that you have a will in place. There are a number of important reasons why you should look into the options. Here are a few to consider:
Get Your Assets To The Right People
When you write up a will with a lawyer, you ensure that the people you want to inherit your assets are the ones that do. You could benefit organizations, friends, family members, and so on. If the probate court gets ahold of your case instead, who knows what will happen. You don’t want to cause any conflict among your survivors, either. They will be more settled with what happens if they know it’s what you wanted.
Give Your Descendants Security
You may not have used everything you had when you were alive. You might have savings, retirement accounts, a paid off home, and other assets. When you leave a will behind, giving those items to your children or grandchildren, it helps to protect their futures and give them security. You can also do things like list guardians who take responsibility for your children if they are under the age of 18. Without a will, the state will determine who gets custody of your children. You can also do things like create a trust so your money is saved for your children until they turn 18. They get the financial security you want for them as they become adults.
Decide Who Handles Your Estate
When you write up a will, you get to decide on an executor who will handle the affairs of your estate. That person can settle your debts, cancel your credit cards, and inform important businesses about your death. They will also distribute your assets according to your will. You want to trust the person you deem worth of this job and it should be someone who is very organized. Without naming someone, the state oversees the process, which can then become delayed.
If you’re ready to talk about writing up a will, or if you want to hear from a Baltimore, MD funeral home as to why it is so important, contact Hari P. Close Funeral Service, P.A. by calling (410) 327-3100. We have seen a lot of families lose loved ones, some of which didn’t have a will, and it is generally much easier to get through the post-funeral service process with a will in place. Visit with our funeral director in person to get your own funeral pre-plans in place alongside your will (which you will write up with a lawyer) at 5126 Belair Rd Baltimore, MD 21206. We’ll help in any way we can.