Having a Will: Why it is Important for Family and Community

A will can provide ease for surviving family members. Yet, it’s a topic that many shy away from, often because of discomfort with facing mortality or misconceptions about its relevance. However, the importance of having a will cannot be overstated. It serves not only as a practical document but as a reflection of responsibility, care and forethought.

First and foremost, a will provides clear instructions on how your assets and belongings should be distributed. Without it, the state (government) can decide how to allocate your estate based on state laws, which may not align with your personal wishes. These laws generally follow a rigid hierarchy that often overlooks non-traditional family dynamics or personal relationships. By having a will, you maintain control over who benefits from your estate, ensuring that loved ones and the community are not left out unintentionally.

Beyond distributing assets, a will can designate guardians for minor children. This is arguably one of the most significant reasons for parents to create a will. Without this designation, the courts may decide who becomes the guardian, and this decision might not reflect your preferences or the best interests of your children.

A will can also streamline the legal process, saving time, money and stress for those left behind. Probate – the legal process of administering a deceased person’s estate – can be more straightforward when a valid will is in place. The document eliminates ambiguities, reduces the likelihood of disputes among family members, and minimizes the need for prolonged court involvement; thus, leaving more for family and the community.

For those with philanthropic inclinations, a will is an opportunity to leave a lasting impact through charitable donations. Whether it’s supporting a favorite cause, funding scholarships or contributing to community programs, a will enables you to extend your legacy in meaningful ways. Depending on the jurisdiction, a will can provide potential tax benefits for your estate, maximizing the good your assets can do. A well-written will allows you to honor your family and the causes you love.

Creating a will is often perceived as something only the wealthy or elderly need to do. This misconception can lead to significant challenges, as unexpected events can happen at any stage of life. Whether you have a modest estate, young children or specific wishes for your belongings, a will is relevant and necessary. Even those who feel they own little of value should consider the sentimental significance of personal items and the clarity a will can bring to their distribution.

It’s worth noting that a will is not a one-time document but one that should be updated as life circumstances change. Major life events such as marriage, divorce, the birth of children or the acquisition of significant assets warrant a review of your will to ensure it remains accurate and reflective of your intentions.

Having a will is an act of responsibility and care that benefits you and your loved ones. It provides control, clarity and peace of mind, ensuring that your wishes and legacy are honored and preserved.    While it may be an uncomfortable topic to address, the long-term advantages far outweigh the temporary unease. By taking the time to create and update a will, you take a crucial step toward securing your future and protecting those you hold dear or the causes that make our community great. In the end, a will is not just about what you leave behind – it’s about the love, care and thoughtfulness you demonstrate for those who matter most in your life. QCBN

By Lisa Sahady

The information contained in this article is not intended as legal advice. Please contact an appropriate professional to answer questions regarding the creation of a will. For more information on community giving, visit azfoundation.org or call ACF of Yavapai County at 928-583-7815.