Many people delay or ignore the need to begin estate planning. They’re young and healthy, or perhaps they can’t afford it. But even young adults can be suddenly surprised by an illness or accident, and without a will the government will step in and decide what will be done with that person’s assets, debts and any children.
No one expects to die young, but being prepared is the responsible thing to do. A young family can begin with use of a Last Will and Testament, then update and upgrade as their financial situation changes and evolves. At Smith Simmons, PLLC, our team of Oklahoma City estate planning lawyers have the skill and experience you need to tackle these types of challenges.
If you are wondering if a will is the right course of action for you, contact us today to learn more about your options!
A Last Will and Testament includes naming an administrator (a person who will be responsible for handling the final financial affairs), naming a guardian for minor children, providing instructions for distribution of assets and naming someone to manage any inheritance. Having these systems in place will not only provide you with peace of mind, but can greatly simplify things for your family in the event of your passing. By specifying in a legal document how you want your assets distributed ahead of time, you are minimizing the possibility for tensions among your family.
Our Oklahoma City estate planning attorneys understand that it is uncomfortable to think about and plan for your own passing. However, doing so gives you the power to decide how things are handled after you are gone, and gives your family one less thing to worry about.
Call us today at (855) 973-8877 to schedule your appointment with our team today.