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Don’t buy into the myths and misconceptions that are all around us. Consider these three myths and the truths behind them:
Myth 1: Only rich people & celebrities create wills.
Creating a will is for anyone that owns anything – not just for the rich and famous. If you have an asset or property in your name, you’ll want specify exactly who that asset belongs to. If you don’t, the division of your assets will be decided based on your state’s laws.
Myth 2: After I’ve written a will, I don’t have to touch it again.
Keeping it updated ensures that your wishes are honored as life changes occur. Once it is written, you can absolutely change it. It’s good to revisit your will once a year to make sure your wishes have not changed. Certain aspects of life that would cause an alteration may include:
- Adoption or birth of another child
- Asset purchase or sale
- Death or serious illness of someone in your will
- Divorce or separation
- New pension plan
Myth 3: Creating a will is costly and time consuming.
With the help of the WHGM attorneys, a will doesn’t have to be costly or time consuming. We can help you explore the important aspects of your life that need to be in the will, and make sure that the wording accurate reflects your wishes. The time you spend with us will give you peace of mind about the future.
Let the WHGM attorneys help you create this important document today!