Reed Law
Serving Northwest Florida And The Emerald Coast
Call Us Today 850-250-4260 Or Fax Us At 850-914-0905

The Importance of Drafting a Last Will

464814-137053927.jpgDeath is an inevitable part of the circle of life. It is the one thing that no one can avoid. Rather than leaving your family in dire straits, it is prudent to plan ahead by drafting a will. Most people think that wills are merely to ensure that their assets are distributed evenly, but having a will in place can do so much more.

  • It decides who handles your assets. A designated person to handle your estate is labeled as an executor. It is the executor's job to make sure your assets are properly distributed.
  • It sets up trust funds for beneficiaries. In many cases, funds are not immediately distributed to beneficiaries, especially those who are underage. A will gives provisions for the delayed disbursement of assets.
  • It names guardians for offspring. Most importantly, making provisions for the futures of your children requires a will. This ensures that your children are taken care of. In the event that you die while your children are under 18, a will designates who will take care of your children.

It is important to have a will to ensure the care of your loved ones after your passing. To get advice on how to begin the process of creating a will, contact Reed Law today.

No Comments

Leave a comment
Comment Information

Call Or Visit Us

The Reed Law Office
1328 Jenks Avenue
Panama City, FL 32401

Phone: 850-250-4260
Fax: 850-914-0905
Panama City Law Office Map