Working with an attorney to create a will is necessary to fulfill your wishes and distribute your possessions at the end of your life. Attorneys can help you navigate complex legal situations, like how to ensure parties abide by a previous prenuptial agreement. If you have a lot of assets, it’s necessary to work with a professional. Keep reading to learn more about when you should start writing your will.

You're Experiencing Severe Health Issues

It is critical to have a will written in the event that you’re experiencing severe health issues. If an individual becomes unable to take care of themselves, a professional can help you divide your assets to prevent family disputes. A living will provides guidance and appoints certain people to claim your possessions if you cannot make decisions for yourself. If you haven’t made a will yet, it’s best to contact a lawyer as soon as possible.

You're Getting Older

As you age, certain body functions will go downhill. The development of substantial health issues leads many to consider who will manage their estate in the future. According to Legal Zoom, an online legal technology service, about 81% of people who are 72 years or older have a will. It’s best to be prepared in advance instead of burdening grieving loved ones unnecessarily.

You're Accumulating More Assets

The more assets you have, the more critical it is to make a will. We see frequent occurrences of a loved one passing away without determining who will manage the estate, causing family disputes. Further disputes are likely to occur within families who prefer to avoid probate court. Having a will prepared alongside a legal professional can prevent this. A will often includes an executor of the estate to ensure your assets are distributed among the people you appoint.

You Prefer Donating Your Assets to Charity

Some donate their wealth instead of passing it on to children or loved ones. However, if you don’t have a will that states who you’d like to donate your possessions to, then they will go to your family members by default. Working with an attorney to create a will is crucial if you want to contribute anything to charity.

Most people feel there’s a certain age at which you should make a will. However, that’s not necessarily true. As you accumulate assets, it's beneficial to prepare a will long before old age. If you'd like to learn more, contact Bethany Ellison Malone, Attorney At Law today.