10 tips for writing the perfect will
Talking about death isn’t the funniest thing to do, especially when yours is the main topic. For this reason, you can postpone the drafting of your will. However, you must write your will if you want certain people to be responsible for your property after your death. It is more difficult to start a will than to complete it, and this is because you don’t know where to start, or you may not know from whom you want to inherit your house and your estate.
Writing a perfect will is also difficult, but not impossible. We’re here to help, so here are some tips to keep in mind:
1. Include everything
If you have things that are very precious to you, you absolutely want to make sure that they are in good hands after you die. It doesn’t matter if some of the things you include are not valid on their own. If they’re valuable to you, that’s all that matters, and they should be included. You may have an entire library of comics that you want to give to a certain person, or maybe you have a gaming laptop that you wouldn’t give to anyone in the family.
Therefore, do not be afraid that your willpower is longer or that people find it weird. What matters most is that the articles end up in good hands.
2. Consult a lawyer
It is difficult to write a will, especially when you are not familiar with all the legal processes that will take place after your death. You might be determined to start drafting the will, but you don’t know anything about how the assets are distributed after your death.
That is why you should consult a lawyer. Estate planning lawyers can tell you more about the distribution of your estate after your death and how you can handle things.
John K. is a Springfield Estate Planning Lawyer who must have advised many people in the drafting of their wills. Here is what he has to say about it: “Usually, it is better to give your estate or business to someone like your child and spouse, and offer a monetary share to other family members,” he says. . “In addition, you should always choose your executors very carefully and make sure you find a replacement in case you and the default replacement pass away.”
3. Appoint your executor
A executor is someone who will manage and distribute your assets after your death. It is therefore important to choose a person you trust as the executor. Make sure it’s a close person who will respect you and your will. Also choose someone to be an alternate executor in case the default one is not available.
4. Name the beneficiaries
Beneficiaries are the people who will receive your assets after your death, so it’s important to name them all. These beneficiaries can be your children, your spouse, your friends, your family members and others. In addition to that, you should also include their full names so that there is no confusion.
5. Indicate where everything can be found
Not only do you need to include all of your valuables in your will and the executors you choose, but you also need to let them know where the items can be found. There is nothing worse than going on a scavenger hunt for something that doesn’t seem to be there. If there is a safe place to keep things, include it in your will.
6. State of residual inheritance
Residual bequests are what is left in your estate after you have finished making other bequests. If you don’t mention who the “residue” goes to, it will all end with a partial intestate. Even if the inheritance would be distributed according to will, the laws of the intestate will control the residue – that is why you must indicate to whom it is addressed before it is too late.
7. Appoint guardians for your children
If you have children under the age of 18 and you are the only living parent, you must appoint a guardian to look after them. Otherwise, the court will appoint other guardians. Also, if the man dies in an unmarried couple, the woman will automatically get guardianship, but the reverse is not available. This is why it is important to designate a guardian in your will.
8. Make sure you are specific
An unclear will can be difficult to understand. For example, there may be family members with the same name. So if you mention different beneficiaries and there are three people with the last name “James”, it will be confusing if you refer to all of them using only their first names. Be more specific and include their full names. Other items such as your account numbers, security boxes and anything like that should be included in your will for easy access.
9. Update if necessary
If something changes in your life that is important enough, you can update your will accordingly. For example, if a beneficiary dies before you do, you might need to change their information.
10. Obtain signatures of witnesses
Once your will is complete, you should have two people as witnesses. Make sure they are over 18 and are not beneficiaries. You have to sign the will and date it in front of these witnesses, and then ask them to date and sign it as well.
If you don’t want things to be chaotic after you die, it’s best to make sure your will is ready. You must be very careful when write your will because it is essential that your goods are distributed to the right people. Not only should you be clear and to the point, but you should also list all important assets in the document and make sure you give them to the right people. It is also essential to choose a trusted executor. If you don’t know what to do, talking to an estate planning lawyer can also help you draft your will.