Most people understand the purpose of a will and the importance of having one in place, yet statistics show that an astonishingly high percentage of Americans have not drafted a will. In fact, a 2014 report found that 51 percent of U.S. residents age 55 to 64 do not have a will.
The reasons given for not having a will ranged from "haven't gotten around to making one" (57 percent), to "I don't want to think about death" (14 percent). Somewhere in between those two groups are people without wills who simply aren't sure where to turn for assistance creating one.
If you have a will in place, but it has not been reviewed by a lawyer for five or more years, it is time to do so. Life changes — divorce, remarriage, the death of a spouse, etc. — require regularly reviewing a will to ensure that it still accomplishes your objectives.
Your Will Is For Those You Love As Much As It Is For You
At Hackard Law, A Professional Law Corporation, in Sacramento, we view wills as the foundation of a comprehensive estate plan that protects your loved ones and ensures that your assets are distributed according to your wishes when you die. The simple truth is if there are people in your life whom you love, then you need a will.
We will also help you create a durable power of attorney so someone can make financial decisions on your behalf in case you become incapacitated and advance health care directives for the same reason. Many individuals are also well-served by trusts, which can help your estate avoid probate, minimize taxes, provide accountability and accomplish many other objectives.
We Serve Clients Throughout Northern California
Proper estate planning provides the same peace of mind and sense of accomplishment that comes with putting the right financial plan in place. We provide a client-focused approach that allows us to tailor an estate plan to the unique needs of each individual. Let's go to work.
The first step is to schedule a free consultation so we can review your situation and recommend the best course of action.