Should I Write a Will?
The short answer if you don't already have one is "YES". Without a will, your loved one's and those you plan to leave your property or assets to may be forced to give up or make enormous payments in probate court, simply to keep possession of the items you wanted to leave them with in the first place. However, writing your own will without the assistance of a trained lawyer is not always a good idea. Without a lawyer, you might not understand the terms or how they are used. You could inadvertently give someone more power than you want to when creating a "durable power of attorney" document, for example. A third problem with do-it-yourself wills is the complicated world of estate taxes. Due to a quirk, the federal estate tax doesn't exist this year. But next year, barring any moves by Congress, it will return for anyone with assets over $1 million. Speak with one of our attorneys at Sagaria Law to learn more about new changes in the law and how you can benefit from creating a will.