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The phrase “Estate Planning” or “Personal Will” might seem like it’s something only the wealthy individuals can obtain. However, a will is applicable to everyone and as it might surprise some, is affordable for all budgets large and small. Another aspect and perhaps the most important is the distribution of personal assets to the correct individuals. Luckily, you don’t need to travel far for these benefits, as you can get your own personal will in Yakima, Wa with Englund Law.
A will is a document that is legally binding that clearly establishes how your estate (assets) is handled following your death. If a person dies without a will, there isn’t a way to guarantee that your intended desires will be honored. Obtaining a will could help minimize family conflicts about your estate that my occur. In short, a will determines who, what, and when your estate is distributed.
A will is a document that is legally-binding that clearly establishes how your estate (assets) is handled following your death. If a person dies without a will, there isn’t a way to guarantee that your intended desires will be honored. Obtaining a will could help minimize family conflicts about your estate that may occur. In short, a will determines who, what, and when your estate is distributed.
A popular reason people get a will is to reduce taxes. In addition to reducing the stress with knowing the distribution of your estate during an already stressful time around your death, you can ease the burden on your family further by reducing estate taxes. A will does this by determining the value of what is given away to charity or family members. This reduces the value of your estate lowing the estate taxes you have to pay when death occurs. Leaving more money for your family or close friends.
State and Federal Tax Can Add Up To
If you don’t possess a will when you die, all or part of your estate (including assets) may be inherited to a person you didn’t intend to have. Don’t increase your family’s stress or chance of a costly legal battle during a time of grief. You can obtain a will in less than a day with Englund Law. We promise that the money you spend on a will today will save your family potential costs and relationships in the future. But the coverage doesn’t stop with just your personal assets as we can also protect your Business and other Real Estate investments as well.
Death is a part of life, no one will escape it and no one knows when their time will come. Having a will protects you and your family’s relationships and finances after an unexpected disability or untimely death. Just as death is a part of lie, so is procrastination. Many people include creating a personal will in their “To-Do” lists, but never get around to calling an estate lawyer and taking the short time to set up a basic will. Englund Law makes it easy to contact and set up a short meeting to create your own basic will to protect you, your family, and your relationships. What are you waiting for?