Skip to Content

We are a Veteran Owned Business, providing 20% discounts for Veterans, First Responders, Elementary and High School teachers. Please contact us to set up a phone or Zoom meeting. Taking care of you and your family, It's What We Do!

Klenk Law

4 Myths About Wills

Posted on Wed Oct 7, 2020, on Estate Planning

Estate Planning Lawyer

A solid estate plan is important. If you’re thinking about a will, then you’ve probably heard a lot of information. Everyone has a different opinion about wills. Is your opinion shaped by the myths that you’ve heard? Here are four myths debunked.

Wills Are Complex

Wills aren’t necessarily complicated. While you must include everything that you want into your will, it doesn’t have to be a complex process. An estate planning lawyer can make the process easier. A lawyer can provide you with assistance in figuring out the best possible options for your will. When you have an idea of what type of will you need, it can make the whole process more streamlined.

Wills Are Expensive

Many people believe that wills are too expensive. To plan and prepare a will, it doesn’t have to be expensive. The fees involved may vary. Still, most fees can be relatively reasonable. If you have an attorney, you may worry about the attorney fees. However, to pay an attorney for his or her services will ensure that your will is prepared and filed properly.

Wills Are Private

Wills go through probate. Once in probate, they become a part of public record. If there is anyone interested in seeing your estate, they can access it. For most people, this might not be a problem. For others, it could lead to fighting between beneficiaries.

In other cases, you could have scammers who may seek out your beneficiaries when they find out what they inherited from your estate. There are many different things that a will cannot do. Among what they cannot do, they cannot avoid probate and hence are public.

Wills Are for Older People

Some people put off a will because they believe that they are too young. The truth is that you are never too young to think about an estate plan. While you must have a will if you have health problems, a large estate or if you have children, any adult can benefit from an estate plan.

When it comes to wills, it is important to have all of the facts. There are a lot of myths that surround wills and other estate planning vehicles. To find out what would work best for you and your family, you need to be able to tell the truth from the myths. To find out more, consult with an estate planning lawyer, like from the Law Offices of Arcadier, Biggie & Wood, as soon as possible.

Tags:

Estate Planning Lawyer

What Our clients are saying

Klenk Law Logo
Stars

Peter and his associates were a pleasure to work with. He explained the process clearly and provided assistance nearly instantaneously. Highly recommended for trusts-and-estates-related needs!

Klenk Law Logo
Stars

Tremendous firm with bright, kind and tenacious people. Great representation for our family.

Klenk Law Logo
Stars

I've worked with and known Peter Klenk and his associates for years. They are highly professional, diligent and truly experts in their field. By focusing on just wills, trusts, and estates, Klenk law has experienced every angle of estate planning and applied that knowledge to help prepare our clients with thorough and comprehensive documents.

Klenk Law Logo
Stars

Klenk Law is an exceptional practice. Their fine lawyers and staff team up to produce excellent results for their clients. They excel at explaining the often cryptic laws and policies that govern estate planning right down to the complexities of the various "trust" frameworks. Peter himself manages each client together with his great team, and he has a rare quality to be both a walking encyclopedia of planning minutia and also one of the most likable lawyers I have ever had the pleasure of dealing with. He is truly generous in intellect and in his personal approach to getting the "big picture" for complex family structures. I trust him implicitly to help me make the right choices for the future. In short, Klenk Law is a gem of a firm.

Klenk Law Logo
Stars

Peter was excellent. He explained everything very clearly and is super friendly. My wife and I originally tried using a lawyer through group legal coverage, but unfortunately the old adage - "you get what you pay for" - applied to the other lawyer, and we decided to go with a real professional.

Let us put our expertise to work for you.

Free consultation within 24 hours.