Have you thought about getting a will drafted? Have you wondered if it would be worthwhile for you to have a will prepared by an attorney? If you haven’t asked yourself these questions yet, it’s something you should be asking now, as it is never too soon to execute a plan to protect your assets.

A will is a simple legal document that allows you to transfer your property at your death, and ensures your personal belongings are distributed pursuant to your wishes after your death. A will is not required by law, but it is a very useful document to help you control how your estate will be divided upon your death. If you do not have a will, Minnesota’s inheritance laws will control how your estate is divided.

When contemplating having a will prepared, you should prepare a list of your goals for the will, an inventory of your assets, and a list of family and beneficiaries. While determining who shall be receiving what assets, you should consider the most tax-efficient manner of transferring the property, should a trust be considered to provide for a loved one, who would be the best person to carry out the expressed wishes in the will.

Life can bring the unexpected, be sure you are prepared so your family and loved ones are cared for and your assets you have worked hard for are protected. Contact Ken Wasche today to discuss your estate and how to turn your plan into action to protect what is yours.