Why Every Parent Needs A Will

Why every parent needs a willBy definition, a will is a legal document in which the wishes of the testator are stated, and guidelines explaining how his/ her property will be distributed at death are provided. The will mentions all the beneficiaries and the specific portions of the testator’s estate that they will receive. So parents, for instance, can write a will bequeathing their property to their children and thereby ensure that the latter is properly taken care of after the deaths of their parents.

Although the merits of having a will outweigh the demerits, many parents out there still do not possess one. These parents are either not aware of the importance of having a will or they believe that they can create one when they get much older. Below is a brief discussion explaining the three main reasons why every parent living in the United States should have a will in place before they die.

1. To explain and protect your wishes

A written will defends one’s wishes. In case someone, especially a parent, dies without a will then he/she will have died voiceless. Their possessions will be disseminated according to laid down procedures set by the law- the intestacy rules.

Under the intestacy rules, if you die without a will then your assets may be distributed to people who you probably do not want touching any of your assets. For instance, former spouses not properly divorced might gain automatic rights to your property upon your demise at the expense of your current family members. In instances where the person in question has no children or close relatives, his/her assets will be passed to the government or donated to some charitable organization.

2. To protect your family

A written will is an assurance to the parent that his/her family will be protected when they die. Thingscan become very complicated if there is no will. In such cases, especially if the parents had considerable wealth, it is not uncommon to hear of fights, arguments and disputes among the children over the sharing of that wealth.

If a person dies without a written will, then their children will be left with a task to apply for letters from the authorities seeking help to inherit their parent’s properties which in a real sense they are entitled to.

In a will, the parent indicates what each kid will inherit, and this ensures that there are no wrangles after their death. Each and every child will get to know what their parent had decided they will have and hence live peacefully with each other.

3. To appoint guardians for small children

In instances where the parent is very sick and has small children, then he/she might opt to write a will indicating the guardian(s) of his/her small kids. Without such a will in place, there is no way to know who will take care of your kids after you are gone.

Without a will, the kids may possibly end up with a relative down the line. At worst, no relatives may step up to the responsibility of taking care of the kids and they may end up being taken into the system. You definitely do not want your kids to live and grow up with strangers in foster homes simply because you did not write a will.

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