Client-focused and Results-Oriented Attorneys

What are the key benefits of a simple will?

On Behalf of | Feb 13, 2025 | Estate Planning |

A simple will provides a straightforward way to ensure your assets go to the right people. It outlines how to distribute your property and who will manage your estate after you pass away. Creating a will prevents unnecessary complications for your loved ones.

Ensures your wishes are followed

A will lets you decide how to distribute your assets. Without one, state law determines who inherits your property, which might not align with your intentions. In North Dakota, intestate succession laws dictate that close relatives inherit if no will exists. A will prevents this default process from overriding your wishes.

Appoints a guardian for minor children

If you have young children, a will allows you to name a guardian. This person will take responsibility for their care if something happens to you. Without a named guardian, the court decides who takes on this role, which may not reflect your preference.

Simplifies the probate process

Probate legally distributes an estate. A well-drafted will streamlines this process, reducing costs and delays. North Dakota follows the Uniform Probate Code, which offers a simplified process for small estates. Creating a will makes probate quicker and easier for your family.

Allows you to choose an executor

A will lets you name an executor, the person who manages your estate. This person handles tasks like paying debts and distributing assets. If you don’t name an executor, the court appoints one, which could lead to delays and added expenses.

Reduces family disputes

A clear, simple will helps prevent disagreements among family members. When you document your wishes, you reduce confusion or conflict. This eases tensions and provides clarity during a difficult time.

Archives