Creating a will is an essential aspect of estate planning, as a will is the primary determining factor for the distribution of an individual’s assets after death. Although you have the option to create a will with no input from a professional, doing so often means exposing your loved ones to high estate taxes and other unexpected complications. This is where a skilled and experienced probate lawyer comes in. When you need a Roseville probate attorney to assist you in the preparation of your will, John B. Palley from the law firm of Meissner, Joseph & Palley, Inc. is here for you.
What Exactly are Wills?
A will is a legal document that outlines your beneficiaries – including family members and charitable organizations – and the portion of your assets that each one will receive in the event of your death. It also appoints a PR (personal representative) who will be responsible for distributing your assets and repaying any outstanding debts, as well as a guardian for any children under the age of 18 (if applicable).
Wills are processed by the probate court to ensure validity, which is why it is crucial to have a qualified professional oversee the preparation of your will. Our probate attorney knows that no will should be approached through a “cookie cutter” point of view, as every family dynamic, asset mix, needs and requirements are different. Rest assured that we will take a highly customized approach to the creation of your will, as your distinct situation determines the way that your will must be crafted and the relevant documentation that must be gathered.
Properly Plan Your Will
In addition to proper documentation, it is your lawyer’s job to ensure that there are no specific legal issues with your will. For instance, if a minor child is named as beneficiary for a life insurance policy and there is no appointed guardian, it may be necessary to appoint one ad litem, i.e., on your behalf, in order for the company to distribute the money. Without proper planning, this can be a costly and time-consuming process.
There are many other complications and pitfalls that may occur throughout will preparation as well as after your death. These issues that can be easily avoided through up-to-date-knowledge of estate planning laws and processes. John Palley spends numerous hours of study in the field of estate planning each year, earning a reputation as one of the most reliable sources of legal counsel regarding wills in the area. Our team’s ultimate goal is to help you create a will that will minimize the stress of estate planning for you and the costs of asset distribution for your loved ones.
Learn More About Wills
If you would like to find out more about wills in Roseville, your probate attorney at the law firm of Meissner, Joseph & Palley, Inc. is only one call away. You can reach us by phone at 916-774-0560 or by email, and we will help you create your will through a meticulous and personalized approach.