Drawing up a will is important if you want to make sure that your final requests are honored. Therefore, a will is a written legal document that permits you to designate the following:
- Who will receive your property or assets after you die
- Who will handle the raising of your children, if applicable
- How your beneficiaries will receive their inheritances
- Who will act as executor or personal representative
Why You Need to Consult with an Attorney
The personal representative is the individual designated to pay the taxes and bills of your estate and allocate the remainder of the estate to your beneficiaries. If you have accumulated some assets, you need to talk to a wills and estate planning attorney. He or she can ensure that your wishes are fully honored.
Drawing up a Simple Will
If you are a young person who has not accumulated much in the way of possessions, you probably do not need to draw up a will just yet. In this instance, your belongings would be distributed to your parents if you should die. However, if you wish to leave your auto to a friend, you should consider drawing up a simple will. A wills and estate planning attorney can help you with basic requests as well.
Validating a Will
In order to validate a will, you must sign it and the document must be in writing. You also need at two witnesses to sign the document. According to legal professionals at the firm Duncan Disability Law S.C., the witnesses cannot be named in the will as beneficiaries or legally be heirs.
Because a will is such an important piece of paper, you want to make sure that your wishes are explicitly stated and that the document can be enforced. Working with an attorney can give you a clearer direction on how to proceed and enlighten you about other aspects of estate planning as well. You can also connect them on Facebook.
