Thinking about death is something that can make any person uncomfortable. Many Maryland residents may think that estate planning is something needed for only wealthy families. However, protecting and securing the future for loved ones only makes sense. A will is one of the best and most practical ways to ensure that property and assets are passed down as intended. Here are some reasons to create a will before it’s too late.
What happens if a person dies without a will?
Learning what happens when a person dies without a will is often enough to spur even the most devoted procrastinators to action. One misconception is that if a person dies without a will, his or her property will simply be passed down to family members. While the laws in most states specify to pass property down to spouses and children, what if this is not what the deceased person intended? Without a will, the state will decide who ends up with what. Also, when a person dies with no will in place, ugly battles may ensue as family members fight over property and assets.
Peace of mind
Family and loved ones will be most affected by setting up a will. Creating a will is a great way to give loved ones peace and comfort. Also, the will creator can have peace of mind knowing that loved ones will be taken care of after his or her death. Without a will, loved ones are left with no guidance as to the deceased’s wishes, which will only add to their burdens during this difficult time.
When a person is young and healthy, a will may seem unnecessary. However, no person is invincible. Those in Maryland who have questions about wills or any aspect of estate planning may want to consider contacting a legal representative. An experienced and trusted attorney can help families create the perfect plan to secure their future.