Top reasons by Michael Scarpaci to have a will
It is obvious that when you die, your
family will take care of your estate. If you’re like most people, who don’t know the importance of writing a will, here is Michael Scarpaci, the manager of Scarpaci funeral home in Staten Island tells why it is important to have a will.
To ensure that the right people inherit your assets -  One of the biggest advantages of writing a will is that it ensures that the deserving and right people inherit your assets. If you don’t have a will, the people or organizations whom you want to make responsible for your estate may fail to receive them if the probate court deems the right heirs. This is important when your assets carry a monetary o sentimental value.
AVOID LEGAL CHALLENGES As already mentioned, without a will, a probate court will decide who is the rightful receiver of your assets. Therefore, this may result in many legal challenges for your family that a will can avoid.
To provide your children with security: In case, your children are still minors when you passed away, a will can provide your children with security in the future. In your will, you can mention the guardians to assume responsibility for your children.
Lower taxes - Another important reason to have a will is that estate taxes and other legal fees can add up and reduce the value of the inheritance. Therefore, by writing a will, you can reduce these expenses.
There are many benefits of writing a will, to know more about the importance of writing a will consult Michael Scarpaci.
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