Creating a will is probably way down on your “to-do” list, and you may even wonder if you really need one. Here are some things to consider if you are trying to decide if you need a will.

A will is simply an official document that says how your assets will be distributed after you die. It is a way for you to ensure that what you do have is distributed exactly as you would like it to be. You may think that it’s not worth your time to designate who gets what of your meager possessions. However, those possessions are special to you, and you want them to go to the proper place, right? Your great-grandmother’s earrings should go to your niece, and not end up with that distant cousin you’ve only met once.

Another very important reason to have a will is that if you have children and don’t officially designate who their legal guardian will be, the courts may decide this for you. Also, besides making sure your loved ones get what you want them to, having a will can speed up the process of disbursing your belongings and save your loved ones the time and trouble of trying to sort it all out between themselves. Designating a legal guardian for your children also saves everyone the time, trouble, and pain of having someone else make this very important decision, at a time that will be difficult enough for your children as it is.

As you go through life and all the changes that come with it, don’t forget to update your will to reflect these changes.

Even if you aren’t a billionaire, it is well worth it to create a will, especially if you have children. But it can be daunting to even get started, and you want to make sure you do it right. McPhillips, Fitzgerald and Cullum can help you create a will to protect your assets and your loved ones. There are offices in New York or Florida – don’t wait, contact the office for a complimentary consultation today.

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