If you ‘re an adult in America and don’t yet have a will in place, you’re certainly not alone. But that doesn’t mean that you’re necessarily in good company since it’s important to know your affairs are in order ahead of your eventual funeral or cremation in Troy, NY.
According to the AARP, an organization that focuses on the needs of American adults who are 50+, only six in 10 U.S. adults — or 60% — haven’t gotten around to preparing a will yet. That means, of course, that only four out of every 10 U.S. adults – or 40% — have a will.
If you haven’t yet prepared a will, here are some key reasons why a will is important – and why you should get one drawn up as soon as possible.
- Allocate Your Estate
When you have a legally enforceable will — something you can get with a lawyer’s help — you will be able to allocate your estate to whomever you please. The worst thing you could do is to pass away without having prepared a will. In such a case, there’s a good chance that your estate will be divvied up in a way that you would not approve. Most people don’t want to work for decades, accumulate assets, and then exercise no control over whom will inherit their possessions. But that’s what you’ll risk doing if you die without having prepared a will.
- Appoint Guardians for Your Children
Do you have offspring who are not old enough to be considered adults? In this case, you absolutely should have a will, especially if you don’t have a spouse who has legal rights to taking care of the children. With a will, you’ll be able to appoint guardians to raise your children if you pass away before they reach adulthood. Failing to make such plans will mean that the courts may have to get involved, and this could get messy if multiple parties seek to have legal guardianship over your children. It’s best to appoint a guardian who you believe will be the best option if you pass away and can no longer fulfill your parental duties.
- You Can Rest Easily
You won’t hasten the day of your death by one second by putting together your will — but you just might sleep better knowing that your affairs are in order. When you think about the uncertainty, frustration, and turmoil that might result if you die without a will in place, you’ll want to get one written up before it’s too late. You’ll then be able to rest at night knowing that the people you love and care about will be taken care of after you pass away.
As you can see, there are some real benefits to getting a will drawn up. Consult a lawyer specializing in wills and estates for professional advice and assistance in this matter. After your Troy, NY cremation, it will be too late for you to prepare a will. So it’s best to get one done straight away if you haven’t already done so. For advice on preparing a will, get in touch with us at McLoughlin & Mason Funeral Home. We’ll lead you in the right direction. Located at 8 109th St Troy, NY 12182, we’re the oldest family-owned funeral home in Troy with a combined 150 years of funeral service to the community. Call us at (518) 235-1722 for a free consultation with one of our staff members.