TIPS TO CREATE A WILL
A will is a legal document that entails directions about how one’s property will be inherited after his death. It clearly states who will receive the property. In case the heir is a minor, a guardian is appointed and the name of the executor who will manage the estate. A will is made up of the testator. This is a person who is making the will and the will should be in form of writing to act as evidence. After drafting the will the testator should sign it in the presence of witnesses.
Here is an overview of how to create a will
- Appoint a guardian
A guardian as the name suggests guides the minor until the minor attains the legal age to inherit the property. The minor in this case can be children how have not attained the age of 18. Failure to appoint a guardian, the court will appoint the guardian on your behalf. It is always advisable to appoint another alternative guardian because something might happen to the first one. Be careful before selecting the guardian because he or wish should interact well with your children. Select someone who is more close to them and they are free when around him.
- Consider choosing an executor to manage the property or estate
An executor will oversee how the property is distributed. The executor can hire a lawyer to assist him to carry out this task. There are many law firms where the executor can hire a lawyer from for instance lissner& Lissner law firm. The executor will outline your final wishes regarding the distribution of the property. Consider choosing someone who is reliable and trustworthy to act as the executor. You can also opt to have a backup executor in case the first one fails to fulfill your final wishes regarding how the property will be distributed to your heirs.
- Clearly state the name of the beneficiaries.
Beneficiaries simply are the people or heirs who will inherit the property or estate. Beneficiaries can be your children, spouse, friends, or even relatives. It is always advisable to include their full names. This will make it much easier to identify the beneficiaries hence getting rid of any confusion which may result from people who share the same name. Designating someone to take care of your pet is advisable rather than naming the pet as a beneficiary.
- Create the initial document
To create more efficiency, you are required to title the document as a will. This will distinguish it from any other form of documents under your property or estate. Include your full names and even your addresses. The declaration, section makes an indication that you are of sound mind and you have a legal age to write a will. A clear indication that you are not making the will under duress is also required. You can write the will using a statutory form as many states suggest the use of this form. They are customized will form and they are easy to form as compared to writing the will on your own.
In conclusion, there are innumerable tips to create a will. The above article some of the essential steps one should undertake. If you find it difficult to write or create the will on your own, you can consult or hire a lawyer for assistance.