You never know how many more birthdays you’ll have left. Life can be taken from you at any moment, but you can ensure that your family is taken care of in just a few moments by creating a will.
A will is a legal document that dictates your wishes for your estate after you die, including who gets what and in which amounts. When you decide not to put a plan in place, your assets can be mismanaged or, worse, end up in the hands of the state government. But the legal process of creating a will is often easier said than done.
At Hammond Law Group PC, we believe that the lives of your children, grandchildren, and other loved ones shouldn’t be left up to chance. We offer quality legal services to help you build a plan that meets your estate planning needs.
If you are ready to start your estate plan, contact an estate planning attorney at Hammond Law Group PC.
A Will is the Foundation of Any Estate Plan
Generally, a will is a legal document that coordinates the distribution of your assets after you die and designates guardians for young children.
Your will should include the following:
- Appointment of an executor to carry out the wishes in your will
- Designation of beneficiaries to inherit the assets of your estate
- Instructions on how and when your beneficiaries should receive these assets
- Selection of guardians for minor children
Some assets—like banking and retirement accounts—allow for the naming of beneficiaries before death.
Your will is the place for you to name beneficiaries for those assets that do not have this allowance, including:
- Homes
- Business property
- Vehicles
- Personal property
Our Colorado Springs will lawyers can help you decide what to include in your will, walk you through selecting an executor, and ensure your will is filed legally.
Hammond Law Group PC: Trusted Colorado Springs Estate Planning
Wills are the most common form of estate planning. Without one, state law determines how your property gets distributed.
An estate planning attorney can help you draft a will that reflects your wishes and meets state laws.
Here’s how our attorneys benefit your estate planning:
- Provide expert guidance in drafting a legally-binding document
- Ensure all assets are included in the document, even if the asset is not physically in your possession at the time of drafting the will or if it was acquired after the date of the last revision of your will
- Ensure there are no loopholes or other issues with the language used in the document itself
- Avoid legal issues. Suppose there’s a dispute regarding the terms of the will, such as with potential beneficiaries or creditors. In that case, the courts will look at whether it was properly prepared and executed by a licensed attorney.
- Make sure that your wishes are carried out. Your family might not always agree with how you want certain assets distributed when you pass away, so our attorneys can ensure your interests are protected
If you are researching drafting a will in Colorado Springs, CO, you know just how much information and tools are at your disposal.
But when it comes to your family’s future, you don’t want to leave anything up in the air.
Hammond Law Group PC is a full-service law firm offering comprehensive estate planning legal services, such as:
- Trust Administration
- Probate Administration
Our estate planning attorneys offer a personal touch to your most intimate estate planning needs. Contact our Hammond Law Group PC estate planning attorneys today to discuss your goals.