The Importance of a Will
Do you have a will or have you been putting off writing your will for some time now? Having a will these days is not only important for you, but is crucial for your family in the event something were to happen to you. Did you know that without a will it can take years of probate court before your property is dispersed to your family, if it is even dispersed to your family; and often thousands of dollars in attorney fees and court costs? Also, if you do not have a will when you die, think of the family tension that could arise. Certainly this isn't something that any person would choose to put their families through.
Your last will and testament is a revocable document, meaning it can be changed, until the time of your death. Once you die, the will goes into effect.
With a will, you can be assured that when you die, there will not be any family tension due to questions of who is entitled to what. In your will, you can be as specific as you want. You can include specific bequests to family members and friends. You can state that your diamond ring is to go to your granddaughter, your guitar is to go to your son and your money is to be divided equally among your brothers and sisters. With a properly written will, when you die, lots of stress can be taken off of family members who are already going through enough.
So what happens in the state of Georgia when you die and do not have a will? Well, when you die without a will, you are said to have died €intestate€. This is when things can become complicated! If you die without a last will and testament, then Georgia intestacy laws take effect. This is a very confusing set of laws to look at for the average individual very cumbersome to have to deal with.
So whether you have a two million dollar estate, or a two thousand dollar estate, having a will is a very smart choice. A death of a loved one is stressful enough without having to spend thousands of dollars in legal fees. So save your family from having to go through any more hardship than they already will be going through at the time of your death, get your last will and testament taken care of and have peace of mind in knowing that if something were to happen to you, the stresses associated with dying intestate will not be an issue for your family.
Your last will and testament is a revocable document, meaning it can be changed, until the time of your death. Once you die, the will goes into effect.
With a will, you can be assured that when you die, there will not be any family tension due to questions of who is entitled to what. In your will, you can be as specific as you want. You can include specific bequests to family members and friends. You can state that your diamond ring is to go to your granddaughter, your guitar is to go to your son and your money is to be divided equally among your brothers and sisters. With a properly written will, when you die, lots of stress can be taken off of family members who are already going through enough.
So what happens in the state of Georgia when you die and do not have a will? Well, when you die without a will, you are said to have died €intestate€. This is when things can become complicated! If you die without a last will and testament, then Georgia intestacy laws take effect. This is a very confusing set of laws to look at for the average individual very cumbersome to have to deal with.
So whether you have a two million dollar estate, or a two thousand dollar estate, having a will is a very smart choice. A death of a loved one is stressful enough without having to spend thousands of dollars in legal fees. So save your family from having to go through any more hardship than they already will be going through at the time of your death, get your last will and testament taken care of and have peace of mind in knowing that if something were to happen to you, the stresses associated with dying intestate will not be an issue for your family.
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