Helpful Information on Estate Planning in Salina KS

by | Aug 11, 2014 | Lawyers & Law Firms

Many people are not aware of the importance of Estate Planning in Salina KS. Some people believe this is only for those who have large estates. The truth is, if you own anything, this is considered your estate. You do not have to be wealthy to be in need of estate planning services. These services help you to plan your will, so your wishes can be adhered to upon your death. If you are not aware of what estate planning means, this information will help to prepare you for what to expect.

If you are over the age of eighteen, it is in your best interest to create a will. This is especially true if you have children or are married. You will first need to sit down with a lawyer and list all of the assets you own. The lawyer is there to help guide you in your decisions, not make them for you. When you decide on the stipulations in your will, the lawyer is simply there to provide you with guidance on the legal ramifications of each decision you make. If you prefer, the lawyer can also be hired to be the administrator of your will. This means he or she will be responsible for making sure your wishes are carried out when you die.

If you have children, your first goal will be to list who you want to take over guardianship. It is best to speak with the person or persons of your choice before making the final decision. You will want to make sure you choose wisely and have a second choice in mind, in case situations arise that make it impossible for your first choice to take over this role.

You will also need to choose someone who will take over your financial decisions, should you become incapacitated. While many people choose their spouse for this role, you need to think about this decision carefully. Your attorney will assist you through every decision, to make sure your will is sound and reflects your true wishes for what happens with your estate once you pass on.

If you would like more information on estate planning in Salina KS, Visit Hampton And Royce L.C. Law Offices. Through these services, you can rest assured your will is legally binding and secure.




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