What is a will?
A will is a legal document that expresses a person’s wishes for how their property should be distributed after they pass. It also allows individuals to designate a person who will manage the property until its final distribution.
Why do I need a will?
There are many reasons to draft a will. The most prominent reasons individuals will create a will are as follows:
- You can appoint an executor: When drafting your will, you will appoint an executor who will administer your estate. This means that your executor will be in charge of avoiding the probate process as well as ensuring your assets are distributed according to your will. They will also be in charge of closing your estate. Your executor must be someone who you trust fully and can rely on to take on these responsibilities.
- You will determine who will receive your assets once you are gone: This process will allow you to ensure your loved ones will receive your assets once you are no longer with them.
- You can appoint a guardian for minor children: This is typically a point of interest for individuals who are hesitant about writing a will at a young age. In your will, you will be able to appoint guardians for your minor children who will have the duty of caring for and raising your child in the instance that you and your other parent become unable ot do so on your own. The court will have to appoint a guardian to raise your child if you fail to do so in your will.
If you require assistance drafting your will, reach out to our experienced estate planning attorney who will walk you through each step of the process.
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Herting Law, PLLC, is an Iowa-based law firm designed to help with all of your legal needs. If you need a Des Moines criminal defense lawyer, our firm has significant experience in all criminal matters, including OWIs, drug charges, gun crimes, theft, assault, and more. If you need an estate planning lawyer, our firm can guide you through it all, including drafting wills, trusts, and the administration of your estate. Whatever the situation, Herting Law, PLLC has you covered.