Death is inevitable and preparing for it is not creepy, but wise. But if you own some assets, property or investments that need to be taken care of after you are not here anymore to guard them, then there is a need to write your own will. A Will or Testament is a legal document written by the owner of the funds or property and illustrated how these assets would be distributed after his death.
We will guide you through the steps of how to write a will which will be helpful for you:
- Write your full name and mention your details such as your address etc. Testify that you are writing this will with your sane mind and you age over 18. Finally, mention that this is your last will.
- The next step is to select an executor of your will. Mostly, people elect their spouses as the executors or a trustworthy friend. But first, you need to be aware of the willingness of the other person to play as your executor or not. It’s better to choose an alternate facilitator too in case the first one is unable to perform his duties upon your death.
- You need to carefully recognize the deserving beneficiaries for your wealth. Your primary circle are your heirs and the wealth shall be transferred to them as the priority but it’s completely your will, and you can play however you want to! Be sure to vividly identify the names and descriptions of the people to whom you are disseminating your assets. For such sensitive work, you should take help from legal advisors and take in the laws of your state for inheritance.
- You have to name a guardian if you have children who are to be taken care of until your children reach the age of maturity. Its better you choose a guardian yourself and write it down in the will or else, the court will appoint one itself or people can take advantage of your carelessness and manipulate the court to send your kids to hospice and snatch their piece of pie.
- List all your tangible assets and divide them, with everything written down keenly. You should keep that in mind that assets owned jointly or collectively are not the part of your estate. So clearly indicate all the divisions to be bequeathed.
- In the end, sign the will. If your state’s requirement is that your will should be certified through a public notary’s stamp and in his presence, then make sure not to be careless about this step. Legalities are the priority and cannot be neglected.
- Ask the witness to sign the will too as it is mandatory in every state.
A single mistake cannot be compromised while writing the will, so make sure you follow all these steps sensibly or else, a small error can invalidate your entire will. That why do not take it easy as you would never want your family to depend on Medicaid and other people to feel like winning a lottery with your money!