Why Do You Need It?
A Michigan last will and testament is a legally binding document. However, the law doesn’t force you to write one. You should still document yours to ensure that your family inherits your estate peacefully. So, why do you need to write a last will? Here are compelling reasons to draft this document.
First, it lets you stamp your authority over your assets because you labored to gather them. You also labored to get your children to where they are. So, why should an outsider intervene to determine who should get what and in what measure? Writing a last will is the only way to ensure that you have the final say over your assets.
Second, writing the last guarantees your assets’ fair distribution. A good father knows what type of inheritance fits his children. Let’s assume we have a business empire comprising logistics and transport, hospitals, schools, and real estate. Any sharp and sensitive parent who knows his children will divide these assets based on his children’s strengths and not mathematical equality. For instance, this father knows who among his children can handle the real estate or logistics. Thus, he will allocate the right assets into the right heir’s hands, who will ensure their generational continuity. Unfortunately, dying without a last will lets the government use the law to distribute your assets!
Third, writing a last will also lets you include all of your chosen beneficiaries in your asset distribution. Remember, charity begins but doesn’t end at home. Thus, you are morally, legally, and divinely free to allocate some of your assets to the needy and your friends. Unfortunately, failing to write a will on time allows the state to invoke intestacy laws and distribute your estate within your family. Consequently, it locks out other deserving beneficiaries unless your children and spouse share your generosity.
Do you want your family and relatives to share and benefit from your wealth as per your wishes? If you do, it’s high time you downloaded our forms and wrote your last will. Don’t postpone it because none of us has a guaranteed tomorrow. Remember, all our tomorrows are pegged on Divine mercy while our past is gone past recovery! Thus, you only have the present (today) as a guaranteed present you can present to your family!