How to Write A Will That Works For You
They’re many solutions nowadays to creating a Will. Some of which don’t require you to even talk to anyone. However, a big perk to working with an attorney to assist with drafting a Will is that you have the opportunity to discuss and understand items that will almost certainly otherwise be overlooked. Here are a few examples:
Powers of Attorney
In the event of an unforeseeable accident, it’s important that everyone have an established way to communicate their wishes for end-of-life care.
Student Loan Debt
Student loan debt, for millennials especially (yes, millennials should consider a Will too!), do not want to burden their living family with their debt. What they may not know, however, is that student debt is not always automatically forgiven at death. While a few private lenders have policies that forgive debt in the event of death, this is not the norm. For many private student loans, responsibility transfers to a spouse or a parent if the lender is unable to pay.
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Having someone guiding you along the way while developing an important document and understands the ins-and-outs is very helpful and will save you and your family a lot of time and stress