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How important is it to have a will?

As many people in Florida know, inheritance laws can often be complicated. As such, it is important to consider your estate planning options and put in place whatever measures you can to protect your assets for your loved ones in case the worst should happen. There are many things you can do to safeguard your estate for the people you would like to benefit from it. However, it is vital to follow all legal processes correctly, to avoid your wishes being dismissed.

One option that a large proportion of people choose is to put a will in place. The benefit of this is that you can specify exactly where you would like your estate to go, whom you would like to manage it and whether there are any conditions governing an individual's right to inherit.

As this article on estate planning explains, if you do not have a will, your family situation is generally the main factor affecting who will inherit your estate. For example, if you are single, with no children and below the age of 30, it could pass to your parents. This can even happen if you have a partner, but are not married to them. As such, if you would prefer to leave something to your significant other, writing a will might be a sensible step to take.

If you are considering adjusting your will or even creating one for the first time, an attorney could be an invaluable ally. The same applies if you have any other questions about establishing a solid estate plan. It can be difficult territory to navigate alone, so the support of your attorney could be both beneficial and reassuring. With this guidance, you can set a plan in place to protect your future and help to ensure your estate remains in good hands even after you are gone.

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