When is the best time to write a will
When Should I Write a Will?
People should get a will done today, because it is one of the things that people procrastinate about the most. There were some people that I knew, the woman’s husband became ill suddenly, and they were looking for an estate planning attorney to help them write a will. We had to drop everything to do the work. They all had peace mind of by knowing that they had the will in place that he wanted to have.
What if I don't have a will?
The most negative consequences are, if you are in a marriage where you are married to a person that is not the parent of your children. You will want to make sure the spouse is taken care of as well as the children; if you do not have a will in that situation you are asking for trouble.
Should I Re-Write my Will?
If you have a special request, like you have that ring, or that piece of art, or that piece of furniture, that’s been in your family for a long time, and you want a particular person to have it, you will need to re-write your will. If you are a widow or widower you need to re-write your will because you need to consider what comes next, where does it go. Those things along with the potential tax consequences helps you understand what you need to do.