If you have property (jewelry, a house, a car, a TV, tools, etc.) you have an estate.
I’ve found in my years of practice that the thing that causes the most drama after a loved-one passes away is not who gets Grandma’s IRA….it’s who gets the gravy dish, the rocking chair, the photo albums, the china.
The little stuff matters A LOT!
I’ve seen families torn apart over holiday ornaments and childhood dolls. Don’t let this happen to you! Don’t let your memory be tarnished but such petty things.
Parents always think that their kids will just “get along” and divide things fairly. Sadly, that’s oftentimes not the case.
Grief does crazy things to people, and I’ve heard more stories from my clients about how they felt they never really knew their siblings until their parent passed away.
Other problems arise where you may think that someone knows that they are supposed to get a certain piece of jewelry. But that may not be the case…
Planning in advance will ensure that your final wishes are kept.
Nothing makes me, as a probate attorney, happier than to assist in probating / adminstering an estate where a client’s wishes were explicit. I’ve witnessed the effect that this has on the grieving family members…it’s one less thing that they have to worry about.
The administration is swift, and they can spend time focusing on the lifetime of good memories that their loved one left behind.
Contact an estate planning attorney today to get a plan in place to preserve your legacy.