There are some things that are guaranteed where life is concerned. The most sure thing is, sadly, death. Everyone is going to come to the end of their life and they are going to need either a funeral or cremation services in Lake Oswego, OR when that time comes. Before you pass on, you might want to consider writing out a will so you are prepared for things as they arise. Here are a few things to consider.
If you aren’t sure what a will even is, it might not be clear to you why you should write one up in the first place. A will, otherwise known as a last will and testament, is a document that, in short, tells people what to do with your belongings. You can let your kids know how to split up accounts, who you want to take your car, who gets the house, and so on. You can also direct who will take custody of your kids.
One of the first things you can get from having a will is peace of mind. You know if you pass on, which you will someday, your family knows just what you want. Your belongings and the things you leave behind are going to be split up according to what you want. Everyone will be on the same page. Another benefit is that it can relieve your family of burdens. They don’t have to wonder what you want because you have it all spelled out for them.
Everyone is going to pass on, so in reality, everyone should have a will. If you aren’t an adult yet, it’s not necessary. But once you reach adulthood, it’s never a bad idea to get started on writing out a will. If you have children and other family members, you especially will want to write up a will so things are settled for when that time comes.
You are going to want to include everything that is important to you and the things that are the highest on the asset list. If you have a home, who will be in charge of selling it or taking over living there? If you have money in the bank or assets on the market, who will assume those accounts? Include as much or as little as you want. The more you include the more obvious things are for your family.
Things change over the years and you might have more children that you want to include or other assets you want to highlight. You should look over your will every couple of years and update things accordingly.