There are many uncertainties in life, and for the most part, one cannot hope to be prepared for everything. But for those that are in your control, such as what happens to your assets following your death, it is your responsibility to take the right approach. If you have dependencies such as children, then you have probably suffered worry for them in this regard. So, to help you achieve peace of mind, here are a few ways that you can ensure that your loved-ones, assets and finances will be protected once you are gone.
Get Professional Guidance
Setting up a will entails many complications and opportunities for oversight, which means that as an individual, it is best to do so under careful legal guidance from a professional. There are inter-state laws that need to be adhered to, you need to be witnessed signing the will, and issues of the correct documentation upon your death need to be made to the correct authorities to get your will into the legal system. Which is why this should always be done under the guidance of an experienced will attorney.
Protecting your Family and Estate
To ensure that a succession path can be followed after your death, you’ll need to make considerations for each and every asset accrued over your lifetime. There is obviously no time to see to these matters once the unthinkable has occurred, so you will need to be thorough when drawing up a will. There is also the matter of appointing an executor for your estate to oversee proceedings following your death. Should either of these points not be adequately seen to, the state will have more control over your assets than your dependants would be comfortable with.
Keeping your Will Updated
As you move through life, it will change continuously around you. New investments and assets, the change of goals and priorities are but a few of the reasons why clauses in your last will and testament might need changing.
It is essential, therefor, to keep your will updated and relevant so that each of these changes or periods of growth can be passed on to your dependencies after your death to ensure their future protection.
Contact Dreyer Engelbrecht Attorneys
If you would like professional legal assistance with setting up your last will and testament to keep your dependencies secure after your death, contact a representative from Dreyer Engelbrecht Attorneys today, or visit our website for further details on our wide range of legal services.