Fayetteville, Arkansas Wills Lawyer
Wills are the most common (and perhaps most important) estate planning documents, and are a central piece of ensuring your property is well-cared for after your passing. If you are looking to draft a will, a Fayetteville, Arkansas wills lawyer here at the Knapp Law Firm can ensure your will meets all of your needs and achieves each of your goals. Contact us today to learn more about wills in Arkansas and how our firm can assist you.
Do I Need a Fayetteville, Arkansas Wills Lawyer?
The first thing you should understand is that no one should ever write their will on their own; it is always best to do so with the assistance of an experienced Fayetteville, Arkansas estate planning lawyer. Many people, perhaps even yourself, see the wide array of online will-writing kits available at little to no cost, or even for free, and consider taking that route instead of hiring an attorney. While this makes sense in theory, the truth is anyone who knows estate law will tell you that the only person who should ever draft a will is an estate planning attorney.
There are a wide array of complexities associated with writing a will, and even something as simple as a small misphrase can cause your will to no longer function as you would have intended. In the worst cases, it can make your will invalid altogether, and if you pass on, your family will be left to pick up the pieces. The bottom line is that the attorney fee you pay now will go a long way, and it can potentially save you and your loved ones a great deal of time and money in the long run.
What Goes Into a Will?
A person essentially creates a will to help ensure their assets are appropriately passed down to friends and family members (known as beneficiaries) after they pass away. You can include a wide array of assets and instructions in your will, including what you want to happen with your home, motor vehicles, sentimental property, and other assets, such as funds in bank accounts. You can also appoint guardians in your will. For example, if you are a parent of a young child, you can include instructions regarding who will raise your child, should something happen to you and your child’s other parent.
Modifying Wills in Arkansas
For most of us, life is constantly changing. Because of this, with the help of a Fayetteville, Arkansas wills lawyer, modifying a will to better reflect your current situation in life is easy. Some of the most common situations that can warrant modifying a will are as follows:
- Getting divorced or remarried
- Having a beneficiary pass away or become incapacitated
- A significant change in a financial situation
- Having a child or adopting a child
Contact a Fayetteville Wills Lawyer
Whether you are looking to create or modify a will, you can depend on us to effectively guide you through each step of the process ahead. Contact the Knapp Law Firm today to schedule your initial consultation with our experienced legal team.