First and foremost, a will outlines the way you would like your property to be distributed after you have passed away. With a will in place you can name the executor of the will, which means you pick who is in charge of executing your wishes. This is extremely important because you only want someone prepared for the job. If you have a large amount of property and investments to be dealt with, you will definitely want to have a will in place.
It is not essential to name an attorney as executor of the will, but it is important that you choose someone in good health. Also pay attention to laws across states if your executor lives elsewhere. By speaking with an attorney about setting up your will, you can have peace of mind that your will is secure. The person you choose can always speak with an attorney to get assistance with any issues they may have.
The ideal choice is to go ahead and create a will now, even if you are young and in good health. You can always update your will but there is nothing you can do if it’s too late. Without a will, the state steps in and makes decisions on your behalf. This isn’t necessarily bad, but it is not helpful if you had specific wishes and trusts you wanted in place.
All in all, you can never make a will too soon. With some proper planning you can have peace of mind and know that if anything ever happens to you, that your wishes will be carried out. For help with creating a will, choosing an executor, or anything else it is best to contact an attorney or specialist in this field. If you are looking for a Lakeland FL experienced will & trust attorney, look no further than Mark McMann P.A. You can contact him with any questions by calling (863) 393-9010.