Leading estate planning lawyer founder of the Law Offices of Robert H. Brumfield, P.C., in Bakersfield, CA discusses how important it is to plan a will before it's too late. For more information please visit https://www.brumfieldlawgroup.com
Bakersfield, California, United States - June 29, 2023 —
Dying could be a costly affair for those left behind if a will outlining a person's wishes has not been made, Estate Planning and Elder Law Attorney Robert H. Brumfield said this week.
For more information please visit https://www.brumfieldlawgroup.com
He spoke on why people defer making a will until it is too late, leaving their families confused and frustrated and a legal court having to pick up the threads and oversee the fate of an estate.
"Most people avoid it because it involves thinking about their death," said Mr. Brumfield. That comes as no surprise, given a study by Rocket Lawyer found more than half of Americans aged between 55 and 64 don't have a will. Some 57% had intentions to make a will but had yet to get around to it, while 22% thought it wasn't urgent, and 17% didn't feel they needed one.
"What people don't appreciate is that having their affairs in order will greatly help their loved ones once they've passed away," asserted the Bakersfield-based Founder of the Law Offices of Robert H. Brumfield, P.C
"Otherwise, assets and property not protected in an estate plan after someone dies are sent to probate where a court using state law decides what happens to those possessions." He added that probate could burden loved ones and children with more paperwork, higher legal fees, and drawn-out court cases.
Mr. Brumfield also addressed the mistaken assumption by many that they don't need a will if they don't have an estate. "If you have a house and children, no matter your marital status, you need a will. Every family is different and has its own circumstances that should be addressed in an estate plan."
He advised people who don't have a will to seek advice from a skilled attorney who could guide them through the pitfalls of not having one. "Having an estate, a will or a trust addresses a person's possessions and who they wish to distribute them to. This task will then be undertaken by the executor under the will or successor trustee under a trust."
An estate plan can also include documents like a health care directive and a durable power of attorney, which are vital for an unexpected injury or illness. "Without these documents, your loved ones will not be able to make financial and healthcare decisions for you," he said.
Having an estate plan ensures you have an advocate of your choice working on your behalf to carry out your wishes. He concluded: "Not having your wishes in writing can often lead to further confusion and wrong decisions made by loved ones."
Source: http://RecommendedExperts.biz
Contact Info:
Name: Robert H Brumfield
Email: Send Email
Organization: Law Offices of Robert H. Brumfield, P.C.
Address: 1810 Westwind Drive, Suite 100, Bakersfield, CA 93301
Phone: 661-464-7770
Website: https://www.brumfieldlawgroup.com
Release ID: 89101125
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