
Do You Have a Will? Why It’s Essential for Everyone
Many people in Central Virginia put off creating a will, assuming it’s only for those with significant wealth or for the elderly. The reality is that a will isn’t just about money, it’s about making sure your wishes are honored, and appointing someone to handle the probate who can do it without creating unnecessary costs or conflict. Without one, Virginia law determines who receives your assets, the process can be costly and stressful for your family, and Court, not you, decides who will do the work of paying your bills, taxes, and distributing your remaining assets to the people who are legally entitled to them.
Common Misconceptions About Wills
Some believe they don’t have enough assets to justify a will or that their family will handle things. But without clear instructions, disputes can and probably will arise, and the state—not you—decides who inherits your estate. Even young adults benefit from having a will, even it the only thing they feel the need to do is to name a guardian for their minor children. If you are a parent, and you want something to say about this, even if you have a modest estate, or none, a will is the easiest and least expensive way to accomplish this critical responsibility.
What Happens Without a Will in Virginia?
When someone dies without a will, they give up the opportunity to choose. The law and the Court (probably a stranger) will make decisions about what happens to your property, and in some cases your family, when you die. If you want to decide these things, a will is the first step.
Take the First Step Today
Planning ahead brings peace of mind, and at Commonwealth Life & Legacy Counsel, we help Central Virginians through the process, making it straightforward and stress-free. Call us in Central Virginia at 434-589-2958 or in Powhatan at 804-598-1348, or visit us online to learn more. A will is one of the most important documents you can have—let’s get yours in place today.