Do you have an existing will? According to CNBC, 40% of survey respondents have not made a will. However, there are several reasons why you shouldn't put off this task. Here's why you should contact an estate lawyer sooner rather than later.

Accidents Happen

Unfortunately, unexpected deaths happen. For this reason, it's best to have one handy in case something happens. An estate attorney can help you iron out the details and answer any questions you may have.

Business Management

Dealing with a business after a loved one passes can be a complex issue. The situation instantly becomes more stressful if heirs have differing views on who will run the business or make essential business decisions. Making these decisions beforehand is best to ensure operations aren't disrupted after your passing. This will also ensure that your heirs know any essential information. For example, you may own assets through your business that your loved ones may not know about.

Protect Your Loved Ones

Protecting your loved ones is one of the best reasons to consider making a will. Individuals who don't have a will often leave things up to the estate. Belongings and bank accounts are subject to various laws. Family and friends may not get items that have sentimental value to them.

Designate Guardianship

A will is essential if you have minor children. An estate lawyer often helps plan your estate, but they can also assist in this area. Many parents know who they would want to raise their children if they pass, but this must be written in a will to ensure those wishes are carried out. Parents who don't have a will run the risk of someone else raising their children.

Family Disputes

Family disputes are bound to happen if someone passes away without a will. To the ones left behind, all those belongings are pieces of a loved one, and people want to hang on to as many pieces as possible. Many people also argue about money and valuable assets. Working with an estate lawyer ensures a comprehensive map to divide belongings.

As you can see, having a will is essential. Creating a will can be a seamless process. Our experienced estate attorneys can help you plan every aspect of your will to ensure your final wishes are fulfilled. Contact John J. Homola Attorney and Counselor at Law to schedule an appointment today.