Will Lawyer Fort Collins, CO

Will Lawyer Fort Collins, CO

If you want to establish a will, you should talk to William B. Moore, a will lawyer in Fort Collins, CO. A skilled lawyer can help you create a valid will in a timely manner and give you peace of mind.

Common Mistakes to Avoid When Creating a Will

No matter what your age and financial situation, it’s important to have a proper will in place. It will ensure your final wishes are carried out and that your family members are taken care of. Here are some common mistakes you should avoid when writing your will:

• Neglecting to Discuss Your Plans with Your Family: It’s a good idea to talk about the details of your will with your family members early on. This way, there won’t be any surprises and fewer conflicts will arise. For example, if you plan to give one child a bigger inheritance because he or she isn’t as financially secure as the other, explain your decision to your family.

• Forgetting About Your Pet: When creating your will, remember to include your furry family member in it. After all, you want your pet to be taken care of if you should die suddenly. Specify who you want to take your pet and instructions on how to care for it. You may also want to include a pet trust to fund your furry family member’s care.

• Leaving Out Certain Assets: Another common mistake people make is not including certain assets in a will. If you don’t include all of your assets in your will, they become subject to state rules. Even smaller items, like photos albums and family heirlooms, should be included in your estate planning documents.

• Selecting the Wrong Executor: The executor of your will is responsible for paying your remaining debts and distributing assets to your heirs. It’s a big responsibility and shouldn’t be given to just anyone. The person you choose to take on this role should be trustworthy, impartial, organized and financially savvy.
• Not Updating Your Will: One of the biggest mistakes you can make with your will is not updating it when necessary. When you experience a big life change, such as the birth of a child or divorce, you need to revisit your will again. Otherwise, it can create issues after you’re gone.

If you need assistance with your will, schedule a free consultation with William B. Moore, a will lawyer in Fort Collins, CO. We offer consultations after regular business and by Zoom hours to make it convenient for you.

Why You Should Hire a Lawyer for Your Will

If you are thinking about drafting a will, you might wonder if you should go the DIY route or work with an experienced estate planning lawyer. While you may be able to save money by creating a will yourself, it can lead to more headaches and frustrations down the road. Here are a few good reasons to hire a skilled will lawyer.

• Make sure your assets are distributed to the right people. In your will, you can designate who you want to receive your property after you die. An experienced will lawyer knows how to properly draft a will so that your assets go to the right heirs. This can reduce the risk of someone contesting your will in the future.

• Save time. Although there are many online resources for creating a will, drafting this document can be quite complex. If you have a full-time job, you may not realistically have the time to draft a solid will. That’s why a will lawyer is here for. Your lawyer can just ask you several key questions and then draft the will in a timely fashion.

• Prevent mistakes. When drafting a will, it can be easy to overlook something and make a mistake. For example, you may accidentally leave out assets or forget to name a guardian for your children. A lawyer can ensure that you don’t overlook anything in your will.

• Update your will. Creating a will is often not a one-time event. Most people have to update their will multiple times in their lifetime. When circumstances in your life change, it may be necessary to take another look at your will. For instance, if you get divorced or remarried, you might want to consult your lawyer.

• Ensure your will adheres to your state’s laws. Estate planning laws vary from state to state and are constantly changing. If your will doesn’t comply with the current laws in your state, a judge may consider the document invalid. An experienced estate planning lawyer has extensive knowledge about the estate laws in your state and can make sure that your will adheres to these laws.

• Provide helpful legal advice. A will lawyer can also give you suggestions on how to improve your will. For example, if you believe that there will be conflict within your family over your will, your lawyer may advise you appoint a third-party, like a financial planner, as your executor.