Creating an estate plan with a qualified attorney from Key Law, LLC will ensure that your loved ones are secure after your death.
What is an Estate Plan?
Death is often unexpected, even though we all know it will happen eventually. When people die or become incapacitated, it is not unusual for them to have certain wishes they would like to have carried out. In order for friends and family to adhere to their loved one's wishes, they need to have instructions outlining what to do. An estate plan is that list of instructions that allows people to ensure their last wishes are granted.
The Importance of Estate Planning
There are multiple reasons to create a solid estate plan, but the most important reason is to ensure that your last wishes are carried out. The state of Alabama has laws regarding the distribution of a person's estate once he or she has passed, but people do not always agree with the state's plan. Luckily, those who want to call the shots can hire an attorney from Key Law, LLC to assist them with estate planning.
Who can Benefit From Estate Planning?
Not everyone considers how estate planning can be used to their advantage. Many people believe it is strictly for the wealthy or retired, butin fact, everyone can benefit from estate planning.
Here are some of the things you should consider when deciding if an estate plan is good idea.
- Do you own a business or any other valuable property or assets?
- Do you have a minor child or children who will need to be cared for should you pass unexpectedly or become incapacitated?
- Are there certain people and/or charities you would like to gift money or assets?
With anyone being able to benefit from estate planning, there is all the more reason to contact Key Law, LLC and get a get the ball rolling on a plan the future.
Enjoy the Peace of Mind That Comes With Having a Plan Laid Out
When someone has failed to estate plan, following their passing, their wishes may be unknown. With little to no instruction, grieving families are left to make these difficult decisions, and they may not be what the deceased would have wanted. Thanks to the instructions you have outlined in your estate plan, this burden can be eliminated and you can know for sure that the plan will followed.
Too many people choose to not make a plan. Perhaps they feel as though they do not have any valuable assets, or they simply run out of time. The fact is that estate planning is necessary when a person wants certain things to happen following his or her death. Regardless of the value of that person’s assets or how little he or she owns, an estate plan is a good idea, and the best time to plan is right now.
Let a Birmingham, Alabama Estate Planning Attorney Help You
We can not predict how long we will live or when we will die, but we can prepare for this inevitable event. With the assistance of an estate planning attorney from Key Law, LLC, you can have peace of mind knowing your last wishes are fulfilled and your family is happy, healthy, and has what it needs to survive.