Why Everyone Needs a Will

by admin on November 5, 2009
in nashville attorney

I am often asked by my clients and friends, “Why do I need a Will?”

Here are just a few of the main reasons everyone needs Estate Planning, even if it is only a Will.

  • When you pass away, your spouse does not automatically inherit your Estate.
  • Taxes, both Federal and State and Medicare liens can drastically reduce the value of your Estate.
  • The Guardians for your children will be decided by a judge and not your intentions.
  • You, and not the courts, decide who will be the Executor of your Estate and how your Estate  will be distributed.
  • The value of your Estate could be drastically reduced by unnecessary attorney and court fees that you could have avoided had you drafted a Will.

These are only a few reasons for the necessity to have a Will.

For more information, see more information on drafting Will