Idaho
Will-based Planning
Create a will to provide instructions on how to care for your family, children and assets when you no longer can.
Effective Will Planning for Your Family’s Future
Your family is important to you. Will planning is essential to ensure your wishes are clearly understood and respected upon your passing. An efficient will planning process involves specifying guardians for your children or dependents, outlining the division of your assets, naming beneficiaries, and detailing your preferences for life celebrations, funerals, and burial instructions. By proactively engaging in smart will planning, you secure peace of mind.
Creating your Will in Idaho
Idaho Estate Planning’s legal team has helped thousands of Idaho families care for their families when they no longer can through will-based and trust-based planning. Our experience guides each family carefully through the process to create instructions based on their wishes and the needs of their family.
Our services include:
- Drafting of a Will
- Creation of ancillary documents
- Financial Power of Attorney
- Healthcare Power of Attorney
- HIPAA Authorization
- Advanced Healthcare Directives
- Guardians for minor children
Your trust is as individual as your life’s journey. With Idaho Estate Planning by your side, you’re not just setting up a system; you’re laying down a path that ensures your intentions are fulfilled, your loved ones are cared for, and your legacy continues to thrive.
Idaho Estate Planning’s Will Process
Frequently Asked Questions
What is a will?
A Last Will and Testament is a legally binding document. The Will enables you to express your wishes regarding the distribution of your assets upon your death. A Will also provides the opportunity to designate guardians also known as “back-up parents” for any minor children in your care.
Who needs a will?
It is recommended that nearly everyone 18 years of age or older have a will detailing how their financial affairs should be handled. Otherwise, the court decides.
If you have minor children, having a will is crucial. In Idaho, it is the sole means to designate a guardian for a minor child, ensuring their well-being. A well-designed will can include specialized testamentary trust provisions that can help manage your assets until your children come of age.
Does a will go to probate court?
Trusts are a valuable tool for a wide range of individuals and couples. They can be particularly beneficial if you own a house or property, possess substantial assets, have children (whether they’re adults or minors), are part of a blended family, seek tax advantages, value asset and beneficiary protection, prioritize privacy, wish to avoid the probate process, and have specific desires regarding the allocation of your assets.
What if I die without a will?
If you die without a will, the responsibility for determining asset distribution, and/or appointing guardians for your minor children falls to the Probate Court Judge. It’s important to note that the judge’s decisions may not align with your wishes. The Judge will follow intestate laws for your state.
Do I need an estate planning attorney to complete a will?
Employing an Estate Planning Attorney is the best way to ensure the validity of your will, make sure your wishes are honored, and reduce the potential for legal issues and emotional stress and potential family feuds for your loved ones.
How often should I update my will?
Your will reflects what is happening in your life right now. Your life and your estate are constantly changing, and your will should reflect those changes. Therefore, we recommend a review every year, or at a minimum, every three years.
What is intestate law?
If you die without even a Will (intestate), the legislature of your state has already determined who will inherit your assets and when they will inherit them. It’s the state plan. You may not agree with their plan, but roughly 70 percent of Americans currently use it.
