Planning for your death is an important step for protecting your family from the risks of confusion and conflict that can often follow the passing of a loved one or family member. To help individuals avoid these hazards, it is possible to create a living will.
Myth: All Wills Only Take Effective Upon Death
One of the common assumptions that people will make about wills is that they will only become active upon the death of the individuals. However, there can be times where a person is simply unable to make decisions. In these situations, a living will can allow their wishes to be followed as to how this situation will be addressed. As a result of this additional protection, individuals are encouraged to have both a traditional will as well as a living will.
Myth: Creating A Will Is Easy To Do On Your Own
While the internet has made it possible for individuals to handle more of their own affairs without hiring professionals, this is generally not an approach that is advisable for those that are needing to have a living will made. Creating one of these documents can be complicated, and it is important to ensure that it is free of mistakes. Otherwise, it may not be valid if the time comes where it is needed. When you are having a living will made, you should work with a professional attorney. These individuals will have the knowledge needed to ensure that your living will can effectively be executed. While it is easy to assume that the costs of hiring an attorney will be high, the fees charged for will preparation are usually relatively low.
Myth: Updating A Living Will Is A Hassle
Hopefully, an individual will continue to live for many years after their will has been created. Over this time, it is possible for their needs and living situation to change. This will require them to regularly update their will so that it accurately reflects their needs and preferences. While individuals may think that updating their will is going to be a major ordeal, it is actually a relatively straightforward process. In most cases, you may only need to meet with your attorney for an hour or two in order to have this documented updated so that you can review it. In most cases, these changes will not be official until the will have been formally filed with the court.
For more information about wills, contact a local law office, like Wright Law Offices, PLLC.
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