You might not have much or any experience with wills yourself, although you have probably heard of them. Instead of drawing up a will on your own, you may want to hire an attorney to help you. These tips can help you enjoy a smooth and easy experience while you're having your will drawn.
Do it As Soon as Possible
If you don't already have a will in place, then you are taking an unnecessary risk.
- Despite what you see in movies or hear from your friends, not every divorce ends up with a couple at each other's throats. You and your spouse may have both just come to the conclusion that you make better friends than partners and it's time to go your separate ways as lovingly as possible. That's awesome, but you may still need a divorce attorney to represent you during the process. Trying to handle your divorce pro se, or without the assistance of counsel, can hurt you in numerous ways.
- Nothing bothers business lawyers more than contracts that fail to state everything required to make an agreement workable. If you're planning to write a contract or enter into one, it's wise to have a general idea of what out to be stated in the paperwork. Here are 7 items your attorney wants you to pay attention to. Identification The contract needs to list who the parties to the agreement are. List all signatories and their respective roles within the businesses they represent.
- It's normal to think about estate planning as mostly putting together wills and trusts. A lot more is involved in the process, and it's especially important to set aside money to pay for a variety of expenses. Here are several estate planning issues that will require sufficient funding. Administration You'll appoint an executor for the estate, and this person will usually be compensated for their time and efforts. A commonly cited figure is 5% of the total value of the estate, although some bigger estates may use a percentage that drops a bit for every few hundred thousand dollars of value.
- Divorcing from your spouse without kids is challenging, but divorcing with kids tends to be even harder for most couples. Couples that begin the divorce process might not think they will have major disputes during their cases, but many do. Here are three of the biggest challenges that couples face when trying to settle their divorce cases. Dividing the House and Assets A couple's home is often the most valuable asset they have, and there are times when both spouses want to keep the house.