“A will is a device that lets you tell the world whom you want to get your assets. Die without one, and the state decides who gets what, without regard to your wishes or your heirs’ needs,” says money.cnn.com.
A will is vital for anyone who has accumulated a decent amount of assets. There are many benefits to creating a will that includes choosing how to distribute your assets, choosing who manages your assets after your passing, appoint a guardian to your children, among other benefits.
When do you need to draw up a will?
Whenever you accumulated enough assets, it is smart to look into drafting a will.
Do you always need a will, no matter how much in assets you have?
If assets are under $125,000 it may not be necessary. You are able save time, court and legal fees, because the state let’s you file an affidavit of a small succession.
The lawyers at Broussard Dove Law can get your affairs in order and help break down everything you need to know and do to create your will.