Don't Have a Will?

Top 3 Reasons People Don't Have One

Are you one of the many people who don’t have a will? Don’t worry, you’re not alone. Many individuals put off creating a will for various reasons, but the consequences of not having one can be significant. Find out why below!

last will

What Is a Will?

A will, also known as a last will and testament, is a legal document that outlines your instructions for distributing your assets and caring for your dependents after your death.

 

It allows you to specify who should receive your property, how much they should receive, and when they should receive it. Additionally, it enables you to appoint a guardian for your minor children — that way, they’re cared for by someone you trust.

Get a FREE consultation and start securing your family’s future.

Why Don’t Some People Have a Will? And Why You Need One!

1. Procrastination

One common reason people don’t have a will is procrastination. Although they know they need one deep down, they might avoid it due to cost or not wanting to visit a lawyer’s office. That said, this delay can greatly affect your loved ones!

procrastination
family

2. Belief They Don’t Have Anything to Leave

Another common misconception is that only wealthy individuals need a will. However, this couldn’t be further from the truth! Regardless of your financial situation, having a will is crucial if you own any assets such as a house, car, or bank account.

 

Without a will, your spouse or children may be unable to access your assets and could face a lengthy and expensive form of probate. This can put a significant financial strain on them during a difficult time, adding stress to the challenges they’ll already be facing. Additionally, the state of Georgia would dictate how your assets are distributed, which may not align with your wishes.

3. Relying on Online Will Preparation

In today’s digital age, many people turn to online will preparation services in an attempt to save money. However, relying solely on these generic templates can be risky. Georgia has its own set of requirements and laws regarding wills, and online services may not adequately reflect these nuances. Moreover, your unique situation might have complicated planning that needs expert help.

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no will

What Happens If You Don’t Have a Will?

In Georgia, if you pass away without a will, your assets are distributed based on state-specific laws on intestacy, usually favoring immediate family, such as spouses, children, and parents. However, if you’ve recently moved to Georgia from another state, it’s important to note that your previous state’s will may no longer be valid. Therefore, you’ll need to update or create a new will in Georgia to ensure your wishes are followed according to the state’s laws.

 

Not having a will can also cause unnecessary delays in probate proceedings. The court may need to appoint an administrator to manage your estate, adding stress and financial strain to your family during an already challenging period.

Protect Your Loved Ones With a Legal Will

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Protect your assets and the financial well-being of your family

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Contact Our Georgia Will Planning Lawyer Today!

If you’re unsure why you should have a will or need help making one, don’t hesitate to contact Holloway Law, P.C. today. We know how important having a will is, and we’ll work closely with you to address any concerns you have. Our team is committed to providing personalized legal support to safeguard your assets and honor your wishes.

 

Don’t let procrastination, misconceptions, or online services get in the way of protecting your loved ones! Get in touch with us today for a FREE consultation and a $100-value gift after you hire us to finalize your will.

Schedule Your FREE Consultation Today!

Name

Strickland Holloway Jr.
Serving the low country since 1976

912-405-9129
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