So you may have listened to so-called legal experts or wanna-be attorneys who have suggested, in some form or fashion, that there is no need for “the vast majority of people” to create a Last Will and Testament. While this advice is immediately satisfying, you are wise to evaluate whether it is sound. First, no two legal or financial situations are alike, making one-size-fits-all advice suspect. Second, because our lives are fast-paced, hectic and often times frazzled, it is nearly impossible for individuals to cover every eventuality that life may bring our way. By creating a Last Will and Testament, individuals may rest comfortably knowing that the assets with which they have been entrusted will be distributed at death in a fashion of their choosing, not at the choosing of the state legislature.

Furthermore, couples with minor children are STRONGLY encouraged to create a Last Will and Testament that affords them the ability to select a Guardian responsible for raising their children in the event of an untimely death. And through a carefully crafted Last Will and Testament, parents with minor children are able to situate the assets of their estate in such a way that those assets are preserved and protected for the benefit of the children – without the necessity of future court intervention. Without a Last Will and Testament, the care of minor children following an untimely death will necessarily involve protracted and expensive court intervention. And that expensive court intervention could potentially last until the child reaches age 21.

So if you think there’s no need for you to create a Last Will and Testament, you might want to think again. Give the professionals at Adams & Edens, P.A., a call today to discuss whether a Last Will and Testament is right for your unique situation.