Once you reach adulthood, and specifically if you have children, the importance of a will cannot be overstated. However, national estimates indicate that more than 60% of Americans do not yet have a will. There may be many reasons for this — you may be too busy with day to day life, you may think that it will cost you a lot of money, or contemplating your wishes should you die unexpectedly may be difficult to think about. Regardless of the many reasons to put it off, creating your will is a very important task. If you live in Anoka, Coon Rapids, Blaine, Andover, or Ham Lake, MN, the team at Kallemeyn & Kallemeyn can help you plan ahead and develop your will without stress or a large price tag.
Functions Of A Will, Anoka County MN
There are several important purposes of a will. First, your will communicates how you would like your assets distributed to your beneficiaries. In addition, your will can also communicate your choice for who will serve as guardian for your minor children, should you die. Even if you have discussed this with loved ones, the court may not be able to honor your recommendation without having it in writing. A will is the easiest way to communicate this. A will can also give you the opportunity to provide financially for your minor or special needs children by creating a trust that goes into effect after death.
In addition, the presence of a will can also make the probate process go faster and be less expensive. In many cases, if a will is in place, an informal probate is all that is needed to transfer assets to your beneficiaries. You can also designate the person who you would like to serve as your personal representative to execute your will, and this also simplifies the process with your estate.
Estate Planning And Will Preparation
Kallemeyn & Kallemeyn has more than two decades of experience partnering with individuals in the Anoka County area to draft and develop wills and complete basic estate planning. Our team understands will work to make you feel comfortable during this process, and will be sensitive to any unique issues that you are concerned about. We can make the creation of a will painless, stress free and affordable. For more information or to get started, call Charles Kallemeyn at(763).427-5131 to set up an appointment.