Attorneys Discuss Why Arizona Residents Should Establish A Will
We have seen it happen with several famous people who have died without wills - leaving their estates entangled in uphill legal battles. However, this problem isn't just confined to celebrities. Unfortunately, many Arizona residents put their estate planning on the back-burner.
Anything can happen at any time. That's why the attorneys at Brown, Naegle, Crider & Jensen LLC discuss the importance of establishing a will - even while you're young.
The time is now!
One of the last things anyone wants to consider is their own death. For many, determining their final wishes can be confusing. However, there is no better time than now to ask these difficult questions:
- Where will your finances and property go?
- Who will receive your possessions?
- If your children are under the age of 18, who will be appointed their legal guardians?
- Should you become incapacitated or in a vegetative state, what are your wishes for medical treatment or end-of-life care?
For these reasons, it is crucial that you have a last will and testament written and enacted as soon as possible. Your will could save your family a mountain of legal complications in probate court in the future - during an already difficult and traumatic time.
Preparing the documents
Establishing a will can be done by appointing preparing the following documents:
- Last will and testament: This is the most crucial step in the process. This document outlines what happens with your assets after your death. A last will has no authority until you become deceased.
- Power of attorney: When you're unable to make decisions due to your death or being in a vegetative state, you will need someone to make decisions on your behalf.
- Living will: What happens if you become severely injured or ill? What happens if your condition causes you to become completely incapacitated - unable to decide how you are cared for? A living will can allow you to determine your medical or end-of-life care. Unlike a last will, a living will is no longer valid when you become deceased.
- Trusts: A trust allows you to designate a certain portion of your finances for beneficiaries you choose. This is optional and separate from a will, but can help safeguard your assets.
Unsure where to start? We can help!
The process of establishing a will may seem complex, but there is no need to worry. An experienced estate planning attorney can guide you through the process. The legal team at Brown, Naegle, Crider & Jensen LLC, possesses a wealth of legal knowledge in helping Arizona residents, and their families, plan for the future.
As your law firm, we'll leave no stone unturned while ensuring that each document is properly prepared and your will is valid in probate court. To discuss your options further, contact our law office.