Creating a will is one of the best things you can do for your family after you die. It ensures that they won’t have to guess at your final wishes, which can lead to a lot of fighting and even lawsuits. It also prevents your loved ones from having to go through the probate process, which can be expensive and time-consuming.
If you die without a will, your state’s laws of inheritance and distribution will determine how to distribute your property. This plan is based on the legislature’s guess as to how most people would dispose of their property and typically includes built-in protections for certain beneficiaries, such as minor children. This could result in your family members fighting over your possessions and causing unnecessary stress and grief at a time when they should be mourning your loss.
A will allows you to name beneficiaries for the assets you own, such as a house or jewelry, and it gives you the opportunity to provide instructions about any other personal property. You can also appoint an executor who is charged with ensuring your final wishes are followed and designate a guardian for any minor children you may have. You can also leave money or other property to charities and causes that are important to you, preserving your legacy and helping to make the world a better place.
It’s essential to consider all the facets of your estate when making making a will near me a will. You’ll need to list all the property you own, appoint a beneficiary for each item, and include a residuary clause. This covers anything you’ve forgotten to include in your will, whether it’s a family pet or the remainder of your 401(k). If you have debt, you’ll want to include provisions about how to pay them off or how to minimize tax consequences.
You’ll also want to make sure your will is signed in the presence of two witnesses who can attest that you had the mental capacity to make it and that you weren’t acting under duress from any person or persons. If you have a medical condition that may impact your ability to understand or think clearly (like dementia), it’s a good idea to have a doctor or specialist certify that you are mentally capable of making a will before proceeding.
If you’re ready to create a will that will protect your loved ones and avoid the stress, expense, and potential family conflict after your death, our partner Mama Bear Legal Forms offers an easy online process that’s quick, affordable, and secure. Get started today!