Due to our busy lives, most of us never think about creating a will. We may believe that what we own is hardly worth the bother of putting it into a will. Furthermore, contemplating your demise is not a pleasant subject. Thus, wills are often put off or never written due to avoidance or inattention. Unfortunately, should you pass away, this leaves whatever you own subject to Ohio laws with no input from you as to what you would have wanted.
This can be easily remedied with the help of Columbus Wills attorney Kelly Morgan. He has devoted a large portion of his practice to estate planning. At the foundation of this type of planning is the will document. It provides many protections for you and your family with instructions as to how you would like anything you own to be passed on. This gives your family clarity at a time when they may be subject to emotional loss and grief. A valid will can save your loved ones from stress, uncertainty, and conflict at a difficult time.
What Doe a Will Do?
A will leaves you in control of how your assets, property, and personal belongings are passed on after your death. Without a will, you will die “intestate” and your estate will be distributed according to state law. If you own anything at all, you should have a will regardless of the value of what goes into it. As the years pass, the overall value of your will may expand as you pay off mortgages or as investments grow. As you accumulate additional assets, it is also important to keep your will updated so that your entire “estate” is covered.
A will does the following:
- Lists your property, assets, and belongings
- Names those who will inherit or be beneficiaries of these assets outlining what each is to receive and when they will receive it
- Names an executor to manage your estate and see that the terms of your will are carried out
- Names a guardian to care for any minor children you leave behind
- Names a guardian to manage any estate you leave your minor children
Your will must be created and finalized according to legal standards. This means it must be witnessed by individuals who have nothing to gain from the will. It can be changed at any time in its entirety or in its parts through documents called codicils. For example, if you marry, have a child, get divorced, acquire new assets, or the value of your assets change, you will likely need to amend your will.
At Morgan Law Offices, our attorney can assist you with the creation, finalization, and revising of your will at any time.
"He listened patiently and then provided me with sound advice which I used to get out of a difficult and stressful situation. Plus, knowing that he was there to back me gave me real peace of mind."Emily B.
"Kelly Morgan took time to listen and understand my situation. When you go through such a fragile time in life it's nice to know you have someone solid in your corner to help you legally."Ally M.
"He worked my child support/ parenting agreement quickly and efficiently! I contacted Him and before you know it I was walking out of court with conditions and terms in my favor!"DJ S.
45+ Years Experience
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Former Certified Public Accountant