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How Much Does It Cost to Create a Will?

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How Much Does It Cost to Create a Will

Over half of Americans don’t have a will

If you’re healthy, it might not seem like you need one any time soon, but disaster tends to strike when you least expect it. The problem with writing a will is that it takes money. 

Are you asking yourself, “How much does it cost to create a will?” The answer is probably not as much as you think. We’ve put together this guide to walk you through the average prices and help you pick the best method for your needs. 

So let’s get started! 

Do You Really Need a Will?

You don’t have to create a will before you pass away. However, if you don’t have one, things will get much more complicated (and expensive) for the people you leave behind. 

If you don’t have a will, your assets and estate will have to go through the probate process

This means the state will appoint a personal representative to handle your estate—a job that usually falls to the surviving spouse. If you don’t have a spouse or they don’t want to take on this responsibility, another family member can take it instead. 

But picking a personal representative isn’t always this simple. 

Things get more complicated if you’ve been married multiple times or have grown children. Your family members might also decide that no one wants to take on the job, which means the state will appoint a public trustee. This person will distribute your assets based on the law, which usually means your beneficiaries won’t get the things that are important to them. 

Before you can even get to this step, though, the state has to get around to actually assigning someone to do the job. That can take some time. While your family waits for them to make a decision, all your assets will be frozen. 

Learning how to write a will saves your loved ones a lot of stress and hassle later. 

How Much Does It Cost to Create a Will?

The answer to this question isn’t so simple. The amount of money you spend creating a will depends on a variety of factors, including how you choose to do it. You could end up paying anything between $25 to $1,000. 

Why is there such a wide gap?

It all comes down to whether you decide to hire a lawyer or write your will yourself. There are pros and cons to both options, so here’s a closer look at each choice and a more specific cost estimation. 

Hiring a Lawyer

One of the biggest benefits of hiring a lawyer is that they know what they’re doing. They’ve spent years studying and working with the specific regulations in your area, so you know any document they help you write will be accurate and valid. 

That said, lawyers are the most expensive way to create a will. It’s still difficult to put an exact price tag on the service, but the average dollar amount is about $300. However, the following considerations can make that number fluctuate on either end. 

Experience 

Lawyers who have been practicing for several years will charge more for their experience. If they’re just starting out, you can find more affordable rates. 

But that doesn’t mean you should go with the cheapest option. 

You get what you pay for, after all. Hiring a lawyer who doesn’t have a lot of experience may leave you with a will that’s full of mistakes. Make sure you do your research to ensure a lawyer that fits your budget is also reputable. 

Location 

The average cost of hiring a lawyer changes based on where you live. For example, it’s more expensive to hire a lawyer in Las Angeles than it is to hire one in a small town. 

Size and Value of Your Estate 

If you have a large or valuable estate, it will take longer to go through your assets and write out a will. This means you’ll have to hand over more money to finish the job. 

Area of Practice 

Lawyers who specialize in estate planning tend to charge more for their will writing services than other law firms. This extra cost means you’re getting the best possible help, but it can also go over your budget. 

Type of Estate Documents You Need

Do you want more than just a will? There are several types of estate planning documents, you can discover more here, and the more you need, the more money you’ll have to spend. 

DIYing 

You can buy will templates and software from many different websites online. They only cost a small fee, about $25 to $50. Then you can download them and fill in the blanks yourself.

Most of these templates come with instructions, so even if you don’t know what you’re doing, you can figure out what information to put where. 

Which Method of Writing a Will Is the Better Choice?

A DIY will is much cheaper, so that makes it the better choice, right?

Not quite. 

DIY wills can be helpful in a pinch, but they tend to be generic. Most people need a bit more personalization to get their will to match their needs. Otherwise, you’ll have trouble writing down your wishes correctly. 

It’s also easy to make mistakes if you’re doing it on your own. If this happens, your will might not be valid in the eyes of the state, so your estate will have to go through the probate process anyway. 

In most cases, it’s better to spend the extra money on a lawyer to ensure your will has everything you need and is valid. This way you can ensure everyone follows what you declare in the document after you’re gone. 

Always Stay Prepared 

It’s never too early to write a will. Now that you’ve answered the question, “How much does it cost to create a will?”, you should look into hiring a lawyer right away. You never know when you’ll leave, and it’s always a good idea to be prepared. 

Want to learn some other helpful estate planning tips? Make sure you take a look at the rest of our blog! 

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5 Steps to Take After a Florida Accident

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5 Steps to Take After a Florida Accident

212,521 people were injured in an automobile accident in Florida in 2020.

Even if you drive safely, you can’t always account for the mistakes of other drivers. If you’re involved in a Florida accident, it’s crucial that you take the right steps to protect yourself and your rights.

Keep reading for 5 steps that you should always take if an accident does occur while driving in Florida – or anywhere!

1. Call 911

If you are involved in an accident with injuries and/or property damage, you should call the police.

The police might not respond if the accident takes place on private property, but it’s worth a try. A police report can help bolster your case for an insurance claim or lawsuit.

While waiting for the police to arrive, make sure that everyone is clear of the road for their own safety. 

2. Collect Information

Once it is safe to do so, be sure to collect information from the other parties involved in the accident and any witnesses.

You should get the name, phone number, address, and insurance information from the other drivers. Take photos of your vehicle and any other vehicles involved, being sure to get their make, model, and license plate information. Take a photo of their insurance card, including their carrier and policy number.

Get the names and contact information from any passengers or other witnesses. 

3. Get Checked Out

Anytime you are in an accident, you should seek medical attention as soon as possible. This is especially true for auto accidents. Some of the most common injuries that result from car accidents don’t always show up right away.

You should get evaluated by a doctor who treats car accidents victims as soon as possible after being in a Florida accident.

4. Report the Accident

As soon as you are able, you should report the accident to your insurance company.

You should also use the contact information you collected to file an insurance claim with the insurance company of the at-fault driver. Your insurance company can help you get repairs done quickly if there is property damage to your vehicle. 

5. Contact an Attorney

If you were injured in the accident, you should contact a personal injury attorney as soon as possible. They specialize in these types of cases and can help you get the right medical treatment.

One of the most important aspects of proving your case is having the right documentation, so working with an attorney from the get-go will ensure your rights are protected. If you were in an accident, you’ll want more information about Florida accident attorneys. 

Were You in a Florida Accident?

If you were involved in a Florida accident that wasn’t your fault, you have rights and may be entitled to compensation.

If you haven’t been to the doctor yet – you need to get yourself checked out. You should also contact an attorney to learn more about your rights.

If the other driver stayed put at the scene, exchange vehicle and insurance details with them. List down the make, model, year, vehicle identification number, and license plate number. Ask for the complete name, address, date of birth, contact info, and license number of the other driver.

For more articles about your health, check out the rest of our blog. 

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What Are the Common Types of Divorce?

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Nearly 750,000 divorces were filled in 2019. Most people probably think there is only 1 type of divorce. But divorce is certainly not one size fits all. Over the years the divorce proceedings have changed a lot. 

Today spouses can file for divorce with no party at fault. This has created different types of divorce to cater to different circumstances. Read on for your divorce options. 

The Most Common Types Of Divorce

There are two divorce principles we need to understand, at-fault vs no-fault divorce and contested vs uncontested divorce. 

Previously, courts would only grant a divorce if one spouse could prove the other was “at fault” for the breakdown of the marriage. Usually through infidelity, abuse or neglect. No-fault divorce is where a spouse will file for divorce with no stated reason. 

An uncontested divorce is where both spouses agree to divorce without any litigation. Uncontested divorces can be as simple as both parties filing the necessary paperwork together. These are best for uncomplicated divorces.

Contested divorces occur when one party is seeking a divorce and the other is not. Contested divorces typically take months or even years to resolve.  Contested divorces can take place even if both parties agree to separate but are not in agreement on the conditions of the divorce. Such as child custody and support and division of property. 

You can have no-fault divorces that are either contested and uncontested, and at-fault divorces that are either uncontested or contested.

Most divorces can be settled out of court, and this is ideal for most divorces. Your circumstances will determine how you should proceed. 

Mediated Divorce

A mediated divorce is when a mediator is hired to work with the divorcing couple. In this case, neither spouse seeks individual legal counsel, and both work with the mediator. The mediator does not give legal advice or render an agreement but supports the couple in coming to a fair and agreed resolution. 

Collaborative Divorce

In this case, both spouses hire separate lawyers. Both spouses agree to disclose all information and settle the matter out of court. Both parties are guided by their lawyer. This is a good approach for complex divorces where parties are in agreement to separate but have issues that need resolution. 

This type of divorce allows for legal representation, such as https://ephraimlaw.com/military-divorce/, but aims to resolve the proceeding in private. If the divorce cannot be resolved then the matter must be taken to court and new lawyers must be found. 

Default Divorce

In circumstances wherein the spouse is unable to be located or has not responded to the divorce petition within a reasonable time, a default divorce can be sought. 

If this happens the spouse seeking the divorce will petition the judge to grant a divorce by default. 

Contested Divorce

If one spouse is not agreeing to the divorce or if spouses are significantly apart on the conditions of divorce then the divorce will be contested and must be settled by the courts. A judge will make a ruling on the conditions of the divorce. 

Getting Divorced

Getting divorced is not a fun process. To make sure you get the best outcome for you, your partner, and your children you need to know the types of divorce and make the best decision for your circumstances.

Found this article helpful? Browse the rest of this section for our latest. 

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How To Choose A Domestic Abuse Attorney?

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It is nothing short of a huge challenge to choose your lawyer to defend your case. The situation turns even worse when it comes to matters of domestic violence. It is essential to take a stand for yourself and hire a domestic abuse attorney who is worthy of fighting your case effectively.

Although domestic abuse seems like a minor issue, it is not that mere a case. It is capable of ruining your personal life as well as professional credibility.

What Is Domestic Abuse?

Domestic abuse is often referred to as domestic abuse or even intimate partner violence. It can also be done by a family member or a carer. Domestic abuse can be in any form, such as economic, physical, psychological, emotional, digital abuse, or even sexual. In the vast majority of cases, domestic violence is experienced by women.

Role Of An Attorney?

A domestic abuse attorney fights such cases involving forms of domestic violence when approached by a sufferer and works towards providing justice to the abused person. He must be well qualified as well as well experienced to handle complex cases.

Following are some points that discuss the necessary traits of a domestic abuse attorney:

Is Easily Available

Not only a domestic abuse attorney but any lawyer should also be accessed easily. He or she must be at your side at times of your need. Your future is threatened at the very moment the police show up at your doorstep regarding cases of domestic abuse. Arrests scare most defenders. The attorney must be at your side, providing you mental support alongside legal guidance. They must be able to clarify all your doubts and queries and help you with them.

Is Understanding In Nature

Empathy is an essential trait for all attorneys. False allegations of domestic violence are widespread today. Once there is a negative report filed against you, even your own family starts doubting your character and your innocence. In such situations, you need a lawyer who would not only listen to you but also stick with you through thick and thin. He fights for you and brings your life back on track.

Is Well Experienced

The process of attaining justice in cases of domestic abuse can be tedious and complex. In the legal world, experience does not have a substitute. A well experienced lawyer must be found. He must have a successful track record in winning domestic violence cases.

Communicates Openly

Transparent legal communication is the key to success, as we have heard multiple times. You should communicate clearly with your lawyer about everything you have done, be it right or wrong. They would not judge you. Instead, it would help them handle the case with more confidence.

Conclusion

Domestic abuse is a crime too severe. Relying on bail would not help at all. It is, therefore, necessary to appoint a capable lawyer with all the above-discussed qualities. He would help you get out of the mess legally, sticking by you throughout.

Author’s Bio

Shrey Jain is the Co-Founder of Writofy & a Chartered Accountant who works with a team of creative content writers. He holds a forte in creating informative content on niches like crypto, business, fintech, digital marketing, and several others. In addition, his willingness to learn and share his knowledge can immensely help readers get valuable insights on varied topics.

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7 Ways a Criminal Lawyer Can Help You

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When dealing with criminal cases, it is always recommended to find a lawyer to represent you in court. With professional help, you will be able to understand your charges better. You will also make more informed decisions. Besides, you will also avoid unnecessary punishment. In this article, we will talk about this issue. You will learn about why you need an experienced criminal lawyer.

1.      You Won’t Have To Look Up The Law

Gaining an understanding of how the law works, especially in criminal court, takes many years. If you find yourself in a case that requires an in-depth knowledge of criminal law, it is best to appoint an experienced criminal lawyer.

2.      They Reduce The Risks

You might fall into the trap of thinking that a criminal attorneymight charge too much. However, you must never think twice before investing in your protection. Arriving in court unrepresented might lead to huge risks such as being falsely charged and imprisoned with restrictions on your rights that can last a lifetime. These outcomes can cost you heavily. Hence, it is good to invest in your safety.

3.      They Will Guide You Through Interrogations

In a criminal case, you will likely have to face police interviews. In these circumstances, you might often be unsure of your rights. You are also confused about what to say and what not to say. Working with a criminal attorneywill make you aware and ready for these situations.

4.      They Will Draft Your Bail Application

You will not want to remain in custody for the entire length of your trial period. Hence, you will apply for bail. However, if the court rejects your bail application, you won’t be able to apply to the same court again. So, to get it right the first time, the experience of a criminal lawyer is invaluable.

5.      They Will Know How To Present Evidence

Criminal law involves a lot of rules, and such are the rules of evidence. There is a procedure for questioning a witness, and often unrepresented people are not aware of this. If you begin a line of questioning which is not proper, you will face interruptions and objections and will finally have to let go of this line of questioning. On the contrary, a good criminal lawyer will know how to present the right questions to the witness. They will also be able to argue if the objections to your line of questioning are improper.

Author’s Bio

Shrey Jain is the Co-Founder of Writofy & a Chartered Accountant who works with a team of creative content writers. He holds a forte in creating informative content on niches like crypto, business, fintech, digital marketing, and several others. In addition, his willingness to learn and share his knowledge can immensely help readers get valuable insights on varied topics.

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7 Benefits Of Hiring A Catastrophic Injury Lawyer

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Even if you are not the person who got a direct injury in an accident, but someone close to you has been fatal or injured, it’s always said to consult a catastrophic injury attorney.Most people become emotionally disoriented and unstable after being injured in a catastrophic accident. You could pay the medical amounts by receiving a good sum of compensation from the offending institution if your accident was a result of someone else’s deeds.

1.      Professionals Skills To Help You Overcome The Mental Distress

A catastrophic injury attorney will help you get the deserving settlement through their legal knowledge, experience, and skills. They will do all the legal paperwork on your behalf and fight for your justice as they are specialized in this domain.

2.      Medical Care At Times Of Stress

Personal Injury Lawyers can arrange the right treatments for you if they are informed early, which will only happen if you save them as emergency contacts. The pace of your recovery depends on what kind of treatment is being incorporated. You can completely concentrate on your health and recovery while they can file claims on your behalf.

3.      Better Negotiations And Settlement Claims

The insurance representative of the offending party will always try for a lower bargain, and they are clever enough to persuade the victim for the same. Here the catastrophic injury attorney plays a vital role in negotiating with the insurance companies for higher compensation.

4.      Easier Way Of Getting Legal Coverages

Legal evidence is significant to win any car accident case, and the offending party will always try to go for court proceedings. It will turn the odds against you if you do not have a well-established lawyer.

5.      Effective Decisions Come In Handy With A Lawyer

There are cases where the offender just does not wish to waste any money on court cases, accepts his faults, and is ready to compensate for your cause. But, a personal injury attorney will help you analyze whether the amount is enough or not and what are the various other options in your favor. They can help you make the right decision depending upon the case structure.

6.      Saves A Lot Of Time And Gets You Faster Results

First, you need to be fit and recover first to file a case by yourself. It takes a lot of time and becomes stressful when recovery should be your priority. Here is where an attorney can help you and do all of the legal work on your behalf.

7.      Most Important, Getting A Peaceful Sleep

Regularly following up a court case after you have been suffering from a physical injury with mental trauma can be more stressful and traumatic. Catastrophic injury lawyers can provide you a good night’s sleep as they would be taking care of all the legal work, compensation stuff, and negotiations on your behalf.

Conclusion

Accidents won’t inform you before happening as they are unpredictable and sudden. But, if you think that the accident was a result of someone else’s miscommunication and negligence, then without any delay, take legal action and file for compensation.

 Author’s Bio

Shrey Jain is the Co-Founder of Writofy & a Chartered Accountant who works with a team of creative content writers. He holds a forte in creating informative content on niches like crypto, business, fintech, digital marketing, and several others. In addition, his willingness to learn and share his knowledge can immensely help readers get valuable insights on varied topics.

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