When you need to make a will in Orange County, retaining the services of an Orange County Wills Attorney is the best way to ensure that your wishes are carried out. When the time comes for an individual’s last wishes to be honored, the distribution of their assets can be a difficult process for loved ones to handle. A will is the best way to avoid complications.
Many factors are involved in end-of-life arrangements. A person’s loved ones are already going through an extremely trying emotional time. The added stress of finalizing debts and deciding what the decedent would have wanted for their remaining assets can cause problems among family members. Since no one wants to think about their passing creating more sorrow than necessary, it is always wise to plan ahead and remove any doubt from the situation.
A knowledgeable Orange County Wills Lawyer is the greatest resource individuals have in creating detailed instructions for the distribution of their assets and precious heirlooms. With the help of a skilled attorney, you can include a list of detailed information that will help your closest loved ones during the difficult time they are faced with. Estate planning through a will takes a great deal of pressure off those who would settle your affairs. It can help prevent the hard feelings that may arise if these individuals must make assumptions regarding your wishes.
One of the issues individuals face when planning for their wishes to be carried out is knowing what should be included in a will and what should not. It is easy to assume that you should include anything and everything in your will, but the fact is certain information should not be put in a will. Keep in mind that the will isn’t read immediately upon one’s death. Some aspects of the process must be handled before its reading. Likewise, some assets will need to be assigned beforehand. An Orange County Wills Attorney can help you sort out the specifics of your will and ensure the appropriate arrangements are in place. As a general rule of thumb, the following items should not be included in a will.
Some assets do not need to be included in a will because the designated beneficiary is already in place. Complications may arise if you mistakenly name a different beneficiary in your will than the one named in the account. At the very least, naming the same beneficiary is redundant. At worst, it could bring about conflict between your loved ones. Some potential items of conflict could include:
- Payable-on-death bank accounts
- Stocks or bonds with beneficiaries
- Retirement plan proceeds
- Life insurance policies with beneficiaries
- Joint tenancy property