Royal Palm Beach Assisted Living facilities are promoting having a fully documented last Will for their residents. You worked hard to earn what you have—your house, savings, car —shouldn’t you convey how it will be distributed after your death? Nobody likes to talk about the end of life, but it is a necessity to take care of the people around you. Surprisingly, not all the elders will come to a resolution to leave the last Will. Here are five good reasons to convince them that they should.
Avoid a long probate process
All estates must go through the probate process, with or without a Will. It is a common misconception that there will be no court-supervised process of gathering if a deceased person has no last testament. Consequently, every court will have a harder time when you didn’t leave instructions!
If you did have Will, be that as it may, accelerates the probate procedure and informs the court how you’d like your estate divided. Armed with the legal authority and your Death Certificate, the Executor runs around performing your wishes.
Control who gets what
The act of listing your beneficiaries shall have better control of the process flow. The beneficiaries are the ones you want to leave your property to and thus, the legally-binding document decides how your estate will be distributed among your beneficiaries. This also minimizes any family fights about your estate that may emerge.
Keep away from greater legal challenges.
If you don’t get a will, the majority of your property may go to somebody you didn’t plan for. For example, a case involved the property of a deceased daughter who was awarded over $1 million from a wrongful death lawsuit. When the daughter died, the daughter’s father – who had not been a part of his daughter’s life for the entirety of her years – stood to inherit the entire property, leaving the mother and relatives out of the picture.
Keep the family business alive.
It’s been a fruitful life and if you run a small business, you want to make sure it stays running. “You do it for your family’s future. It helps your beneficiaries avoid costly litigation over what your intentions are and who has rights to what”. Profound words by RocketLawyer founder Charley Moore.
You’ll save your family from worrying.
When you have your will squared away, don’t give it a chance to turn out to be some huge family secret. Regardless of what sibling-rivalry-inducing wishes you have as a primary concern, you’re better off telling your family ahead of time instead of catching them off guard down the road.
Last Will And Testament: Royal Palm Beach Assisted Living
Moving to an independent community in Royal Palm Beach Assisted Living is another way to increase your knowledge about the last will. At Courtyard Gardens, we set the appropriate needs for seniors, ensuring that living the last Will is one of them. Contact us at (561)336-4958 or visit our location: 3005 S Congress Avenue, Boynton Beach Fl. 33426. We would like to help you discuss, explore, and analyze your loved one’s options.