Though writing a will is generally seen as a rather gloomy process, it is extremely important you have a sturdy one in place before you pass on. It is never too early to start thinking about writing your will, because once you do, you’ll never have to think about it again. Knowing your will is legally foolproof and everything is set to be carried out as you wish should give you the peace of mind you deserve to live the rest of your life without worry. If you are ready to begin writing your will, here are some of the questions you may have:
What does the will-writing process look like?
The first thing you need to do is decide who to appoint to draw up your will. While yes, there are several will-writing kits and online will-writing options, these all come with several potential legal pitfalls. Even a simple misphrase could cause serious complications, so it is highly recommended that you hire an experienced attorney who knows the ins and outs of the will-writing process. Once you have chosen who will draft your will, you must next choose your executor. Your executor will handle your estate matters after you pass on. This is why it is crucial you leave detailed instructions on how you want these matters carried out.
What does a trustee do?
If you are the last living parent of a child under 18 years old, then you may want to consider appointing a trustee. Essentially, a trustee will manage your money, investments, and property until your child is old enough to take control of these matters him or herself. Your finances are at stake here, and if you hire someone who takes advantage of your situation, then there is a good chance your beneficiaries will be the ones most hurt.
Why should I appoint a guardian?
If you are the last living parent of a child under the age of 18, then you should select a guardian who will take care of them in the event of your death. As a caring parent, it is your duty to ensure your child is left with someone who will provide and care for them in the same way you would. If you do not select a guardian, then the court will most likely pick one on your behalf, which may not always be the ideal guardian for your child. This is why you should absolutely appoint a guardian you can trust.
Contact our Massachusetts firm
If you require compassionate and knowledgeable legal guidance for a matter of divorce, family or estate law, please contact the experienced attorneys at the Law Offices of Cynthia L. Hanley today. Our firm proudly serves clients in Mansfield, Massachusetts and throughout Bristol County.