A will serves more important purposes than just directing your assets after your death. Additionally, you can also use your will to appoint someone that you trust as your estate’s executor. Thus, your executor will validate your will, identify your beneficiaries, and otherwise guide your estate through the probate process after your death. Clearly, you will want to choose someone who is organized and efficient, rather than someone who is notorious for procrastinating.
If you have young children, one of your will’s most important functions will be assigning someone to be a guardian for your children if you pass away before they turn eighteen. Plus, you should always confirm with your intended guardian that they are willing to accept those responsibilities before listing them in your will.
Wills Are For Anyone Over 18 Years Old
Many people assume they don’t need an estate plan until they reach a certain age. Therefore, anyone over the age of 18 years old can create an estate plan, and should if they wish to provide for the ones they care about. Because, you never know when an emergency could happen that could make it impossible for you to voice your wishes and needs, or take your life. Thus, give yourself the peace of mind knowing your estate is already planned in case the worst happens.