A will is one of the most important documents you can prepare for the future of your family. A will determines how your assets should be distributed and protects your spouse and children after you pass away. A will can help you:
- Appoint the guardian of your minor children. Absent a will, the court will decide who will care for your children among family members or a state appointed guardian.
- Avoid a lengthy probate process. A will speeds up the process by informing the court how you would like your estate divided.
- Minimize estate taxes. The value of what you give away to family members or charity will reduce the value of your estate when it is time to pay taxes.
- Decide who will be the executor of your estate. Executors ensure your affairs are in order, pay bills, cancel credit cards, and notify your bank.
- Make gifts or donations. A will allows your legacy to live on and to reflect your personal values and interests.
Your Employee Assistance Program is Here to Support
If you need additional assistance, contact your Component Employee Assistance Program (EAP). EAP services include legal and financial consultations that can help with preparing a living will, health care power of attorney, housing or real estate matters, estate planning, and investment strategies. EAP support is available 24 hours a day, seven days a week. For more information or for help in contacting your EAP, write to your DHS Work-Life specialists at email@example.com.