Why Every Homeowner Needs a Will

In this podcast episode we discuss the importance of having a will for homeowners. John Strohmeyer, a licensed attorney, probate and estate issues, emphasizes the significance of having a will or an official document to clarify property ownership and inheritance. We will also address the misconception that wills are only necessary for those with significant assets - highlighting the importance of having a plan in place as soon as you start accumulating belongings and assets.

Overall, a will is your way of ensuring that your property goes to the right people after you're gone. Without one, you risk leaving your loved ones with a complicated and costly legal mess.  Join us as we underscore the importance of proactive estate planning, particularly for homeowners, to ensure a seamless transition of assets and minimize potential legal complications.

In this episode, you’ll learn:

• What is heirship
• Importance of will especially when you have minor children
• Identifying guardians for your children
• Timeline of the probate process

Must-listen moments: 

[00:01:18] Inheritance laws and property transfer after death

[00:02:50] Estate planning and probate process

[00:05:52] Probate and estate administration delays

[00:06:42] The impact of not having a will in real estate transactions

[00:07:55] Can an individual create their own will, especially if they don't have many assets?

[00:08:00] Creating your own will and its potential risks

[00:09:41] The importance of knowing where the original will is located

John Strohmeyer: https://www.strohmeyerlaw.com/

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Jennifer Hughes Hernandez, Legacy Mutual Mortgage - Equal Housing Opportunity Lender NMLS #514497 

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📌More Helpful Content:
▶️The Myths and Truths About Credit Inquiries: https://youtu.be/d_RQJnTsVPE
▶️Why You Should Use A Local Lender: https://www.youtube.com/watch?v=shkijZmEonA ▶️How to Buy A House With Low Income: https://www.youtube.com/watch?v=OcyjWe0snWU
▶️Using Rental Income To Qualify For A Mortgage: https://www.youtube.com/watch?v=kv0eXzl1YUo

To contact us visit www.loanwithjen.com

 
Equal Housing Opportunity Lender NMLS# 514497

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