Americans of All Ages are Creating Their Wills During COVID 19 Pandemic
There
has been an explosion in the numbers of Americans rushing to make their will
online. Understandably, the coronavirus pandemic has created the scramble to
set up wills and end-of-life-directives; however, online do-it-yourself (DIY)
wills are often deemed invalid as they do not comply with all of the legal
requirements of your state. According to Caring.com, the prevalence of will and estate planning
has been on the decline since 2017, but this trend is quickly reversing itself with
the advent of the coronavirus pandemic.
So, who needs a will? Ask yourself: do you care who gets your
property or money if you die? If you have minor children, do you care who will act
as their legal guardian? The answer is anyone married, anyone with children, or
anyone with assets needs a properly executed will. Wills are governed by state
law. Your will should reflect your wishes in the language and format required
by the state in which you live for it to be valid.
The
importance of an attorney guiding you through the process of creating a will
cannot be understated as they understand the nuances of how things need to be
written. Once your will is complete, it must be correctly notarized as mistakes
made in the will-signing process can potentially invalidate your will. Your attorney will guide you through the
signing process.
Beyond
the creation of a will, many Americans are increasingly concerned about their
powers of attorney, living wills, and end of life directives. These documents
are equally as important as your will. Named executors, successors, beneficiaries,
and powers of attorney should have back-up representatives as the mortality
rate due to the coronavirus remains unknown.
According
to research in a recent New York Times report, health care workers are more likely to
contract COVID 19 than the average person. During this pandemic, many doctors
and other medical professionals are rushing to have their wills drawn up. In
addition to doctors, anyone on the front lines in the fight against COVID 19,
from hospital custodians to nurses to EMS responders, should either make a will
or review and possibly update their existing one; however, the truth is no
matter what your profession or likelihood of contracting this virus, you should
have a properly executed will during this time of considerable uncertainty.
There
are few things you can act on during the COVID 19 pandemic that can bring you
assurance and a sense of relief. The legal creation of your will and health
care directives is an action you can take that protects you and your family.
We
can help. Call Elder Law of Omaha today at (402) 614-6400 to schedule your free initial attorney consultation. We offer in-person, phone, or video conference appointments. Let us get this important process started for you.
Visit our website at www.ElderLawOmaha.com.
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