Most people don’t even consider thinking about writing a will, as it reminds them of death. But you might want to consider writing an ideal will to help your family after your death.
A will can help them understand your wishes and thoughts. It can be very beneficial in knowing the type of burial you want, whether you have left any money for funeral arrangements, who will own your belongings, and so much more. A will also needs to be changed with time, as circumstances and the subjects might be different.
If you are considering making a will, here are some beneficial tips.
Avoid Doing It Yourself
There have been countless events involving people who wrote their own wills, and their heirs had to face the consequences in the form of hefty taxes and legal fees.
You should consider hiring a reputable attorney to help write the will. A lawyer will explain what you should include in the will and exactly how to write it down. Jeff Kelly is among the best in Texas for this purpose. You could use will software off the internet, but an attorney would be your best bet.
Think About the People You Are Going To Name
After you pass away, someone will get your house, car, money, and all other belongings. While you probably won’t have to think hard about this part, it’s good to have the names ready before writing. You should also make copies of their legal documents before going to an attorney. If you are handling the will by yourself, check a legal site for the exact form that is acceptable in your state.
Talk to Your Heirs
Before you write down who gets what, it might be best to talk to each one, since even if you want to distribute all your assets equally, it might not be possible.
For example, you can’t pass on your truck to all three of your sons. Similarly, it’s hard to divide musical instruments, jewelry, artwork, and many other items. That is why you should sit down with them and calmly figure out the best way to divide all your belongings.
Think About Young Children
A will is not merely about dividing possessions, it includes many other things as well.
If you are the sole parent of young children, it might be best to think about who will be their guardian. If you are the custodian of your grandchildren, decide who they will live with. It is an extremely delicate subject, and you need to handle it very carefully. Make sure the people you name have the qualities of a parent and will be willing and able to support your kids.
Another common problem for people with young children is naming executors. These are the people you trust, who will handle your wishes stated in the will. They can be professional advisors, lawyers, or loved ones that know a thing or two about business matters.
In most states, people are required to have witnesses sign the will at the time it is created. These people will be called to testify if a will is tested in court.
Pick two people, or three in some states, who are above the age of 18 and have a higher life expectancy than yours. They should be people whose names are not mentioned within the will itself.
Store It in A Safe Place, But Not Too Safe
Many people keep their will in a safe place so secure that no one can find it after their death. This leaves the heirs to decide for themselves.
Keep your will in a safe place, but inform a trustworthy person about the location: preferably someone who is not mentioned in the will.