Life can be very unexpected. You can rise and fall in a snap, get rich after years or hard work and become broke in a day. One has to always be prepared for anything, even death. You have to lie secure that all the sacrifices you have been making will bring about a comfortable life for the ones you love.
A last will and testament can provide us with comfort in the knowledge that after we are gone, the ones we leave behind will be well taken care of. Most of us believe that a will is only for old folks nearing the end of their days on earth, but the thing of the matter is, every adult needs a will. You ask for help from a probate attorney Salt Lake City, or you can do it by yourself.
Parents, especially those with minor children, should at least draft a will even without significant assets. Without a will, the legal guardianship of your child will be decided by the court should you die before they reach adulthood. The distribution of your possessions will also be decided upon by the government. Precious heirlooms you had planned on giving to special people will be sold at auction and all the money will also go to government funding.
It is simply not enough to have a will, you have to apprise it from time to time. This can lose its validity if it has not been updated for years. A change in marital status can be a good reason for an update, as well as the arrival of a new member and a noteworthy change in net worth. If you are planning to transfer to a new state, you should also modify parts of your will to adhere to set state rules.
A probate attorney will be able to help you with this. This type of attorney specializes in the drafting and the execution of such documents. He or she will be able to guide you in the decision of inheritances and the like. At the time of death of the testator, the attorney will read the contents of the will and administers it to the remaining members. He or she also guides them in the probate process.
This process is done in court where all the possessions of the deceased will be distributed accordingly among the beneficiaries. So that the will is to be carried out properly, this proceeding is a must. This can also settle disputes, especially when the deceased has failed to list down all supposed inheritors.
Your probate attorney can also file pleadings and motions should the need arise. There may be other beneficiaries you have failed to claim in the will, and they can fight for a share. Other equality in the division issues can also be settled by a good attorney.
Legal services for this professional are easy to acquire. The fees are quite reasonable, too, and there are many ways to settle. One is to pay the flat rate of $1 500 for the entire process. You can also pay the hourly rate of $250. This hourly fee can get as low as $150 in small towns and as high as thousands in bigger cities, especially if you get one that is already very established in the field.
As it is, we must always be ready for something as inevitable as death. The earlier you start, the better prepared you will be. It is easy to find someone to help you with that. All you need to do is ask.
Read more about Excellent Reasons To Talk To A Probate Attorney.