23 Jan Why a Will is Not Enough
You’ve always been told, “Everyone needs a will.” But what if I told you there’s more to the story? Sure, having a will is better than nothing, but it’s not the foolproof plan for your family’s future that you might think it is.
Let’s get straight to the point: Wills come with challenges and disadvantages that could leave your family stuck in a tough spot after you’re gone.
The Big Problem with Wills: Probate Court
When you pass away, your will goes through probate – a legal process where a court handles the distribution of your assets. While it sounds simple, probate can be public, slow, and expensive. We’re talking about a process that can take over a year and a half, and if any disputes arise, your family could be tied up in legal battles for even longer.
Probate fees can also take a big bite out of the inheritance you’ve worked so hard to leave behind. It’s like a hidden tax, draining your estate before your loved ones see a penny.
So, what can you do to avoid this? The key is in smarter estate planning that goes beyond just a will. What you really want is a plan that keeps your family out of court and conflict, ensuring they get your assets without unnecessary hassle or cost.
That’s where we come in. As your lawyer, we offer more than just a cookie-cutter solution. We’ll work with you to craft a plan that aligns with your unique goals and provides peace of mind for you and your family.
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This article is a service of GARZA Business & Estate Law. We empower you to make informed decisions about your family and business, helping you protect and grow your life’s work. Begin by calling our office today.