If you think that just because you don’t have a lot of money or property, it is not necessary to have a will, you are wrong. Everyone needs a will. With proper estate planning in Harrisburg, you are able to alleviate difficult decision making for your family and allow them time to properly grieve their loss. You may think that they can work things out on their own but why would you put that burden on them? Regardless of the size of your estate, there are necessary things you need to prepare for in order to have your final wishes adhered to.
One of the best ways to utilize estate planning Harrisburg to your benefit is to make a list of your assets. Then you can take that inventory type list and designate who will get what item. Some families will allow the beneficiaries to go through the items and check off which items they would like. For example, a family picture or book may hold sentimental value to one person over another and when you pass away, they would like to have possession of that item. In some cases, that plan can backfire when one item has more than one potential owner. It can be helpful for the person creating the estate plan to make the list and be the tie-breaker when necessary.
In order to avoid the problems arising when you are gone, estate planning in Harrisburg can help you be clear about your intentions. If you would like to designate the various pieces, monies, and property to certain people, you can do that on your own or with an attorney. Many times an attorney can provide you with guidance and even knowledge so that you are able to leave high value items to those you wish. There are many tax laws and ways that your family may have to wait on the items such as property but with a proper plan, you can be sure they are able to have the items, monies, and even property in a quicker manner. This can be important if you have family or friends who will benefit from your gift or an organization that doesn’t have the money available to go through probate courts for years and years.