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Do I need a will?

If you own valuable assets or have any children/dependents, you should have a plan for what happens to your assets when you pass – most often, that plan will include a will.  A will communicates your wishes and ensures that you make the decisions for how your assets are distributed, not the state.  These assets can include real estate, personal property, bank/investment accounts, and sentimental items.  With a will, you will designate guardians for any children, appoint a personal representative to manage your estate, and designate how that representative will distribute or manage your property.

A will is more than a legal document, it is a tool that lets you shape your legacy.  A will can safeguard your children’s future by naming a guardian of your choice.  You can specify funds be distributed to organizations or causes that are important to you.  It can also preserve the items that you treasure in life, ensuring that they go to someone who understands their value and importance.  A will can mean the difference between that signed rookie card being passed on to your child or ending up in a yard sale.

No one likes to think about the unthinkable, but death is a certainty for everyone.  Planning ahead can ease the emotional and financial burden on your heirs.  A will helps streamline the probate process, makes your intentions clear, and prevents unnecessary confusion and conflict.  

Swedlow Law breaks down the process of creating an estate plan into manageable steps that include the preparation of a will.  We work in tandem with our client’s accountants and financial advisors to develop an estate plan that best suits your interests.  Contact Swedlow Law to start your estate plan.

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