While you may be tempted to try to create your own will, it is advisable in almost every case to speak with an estate planning attorney. A good estate planning attorney can help you to prepare a will for a very reasonable fee and there are many benefits to having legal advice for this important document.
There is a myriad of reasons why it is important to get legal advice from scottsdale estate planning attorney for both simple and complex wills.
Some of those reasons include the following:
An estate planning attorney will make sure your will meets all legal requirements. Of course, you have to be of sound mind and body but there is also more to it than that.
Although you can handwrite a will handwritten or improperly prepared wills may not always be enforceable. It is better to have an expert legal professional help you draft a document that everyone knows is legally enforceable.
An estate planning attorney will help to ensure that your will contains all necessary provisions. Many people think about dividing their assets and focus on this aspect of creating a will. However, there is more to making a will than just dividing up your stuff.
An estate planning attorney will advise you of the tax consequences of your death. For certain families, there are taxable consequences to leaving assets to heirs or to the transfer of assets. Your attorney can help you to better understand what taxes will occur after you die and when your assets are transferred.