Estate Planning Lawyer St. Charles MO
An estate planning lawyer in St. Charles, MO from Legacy Law Center is accustomed to answering questions about estate plans. And it’s only normal for people to wonder whether they need to write an estate plan, or not. Unless you want the court to oversee and manage your assets after passing away, then you’ll need to start writing an estate plan now. Here are examples of questions clients may ask us during an appointment with our team:
Why Should I Write a Will?
A last will and testament can help you protect your assets and loved ones. You can use a will to name guardians for minor children, leave property to people or charity, appoint someone to handle your final wishes, and so much more. The purpose of a will is to leave behind terms for how you want your belongings, money, and other assets to be distributed to those you care about the most.
Are There Requirements For Making a Will?
To establish a will, you must be of sound mind. Essentially, you must be in a state of health that allows you to make reasonable judgements. You have to be 18 years or older, or have been emancipated by court order of active military duty or marriage. Your will can include wishes pertaining to disposing of personal property, whether you want to be a candidate for body donation, and more.
Can a Will be Stated on Video or Audio?
As your MO estate planning lawyer in St. Charles can explain, your wishes must be written on paper and signed and witnessed based on law. Some states do allow nuncupative wills, but only under limited situations. To make an oral will valid, you have to create it while under imminent peril of your life and have succumbed to that peril by death.
What if I Die Without a Will?
If you die without establishing an estate plan, then property will be distributed based on state intestacy law. What this means is that your property will be transferred to relatives, starting with who is still alive and closest to you in relation. Your children, parents, and grandchildren may be first to receive property, and then the list goes on outward to more distant relatives, such as siblings, aunts, uncles, etc. Any living person related to you to the ninth degree may be awarded a portion of your estate. If the court finds that you have no relatives to the ninth degree by blood or marriage that are still alive, then they will take the property.
Writing an estate plan can be made easier by having a reputable lawyer on your side. If you have a question about estate planning, don’t hesitate to reach out to our estate planning lawyer in St. Charles, Missouri from Legacy Law Center for more information!