Basic Knowledge to writing a Will

Writing a Will is not complicated and the basics are very simple. No lawyer necessary in most cases. We are held back because most of us are always scared and prefer not to admit or think of the inevitable, “DEATH”!

Guarantee you, you will be at peace when you have a Will put together, especially if you want to make sure your loved ones are not scrambling upon your death. You can put together a simple Will and here are some basic knowledge to get you started.

Basic Will legal requirements:

Last_Will_2

Preferred Wills must be completely typewritten. Some states allow handwritten Wills (use when you don’t have time to make an official Will).

  1. At least two people must be witness to the document (Will) upon signature.
  2. Must be at least 18 to make Will. Exceptions in some states for younger people to make Wills – example if you are married or in the military.
  3. You must be of sound mind to make a Will with no coercion.

There is no need to complicate the language in a Will. The document can and should be in plain simple English or preferred language.

Basic things a Will can do for you to mention but a few:

  1. Name an executor. A person or institution appointed to carry out the terms of their Will.
  2. Name guardians for your young children and their property.
  3. Adjudicate who will get your property.
  4. Use a Will to forgive debts.
  5. Name new owners for your pets.
  6. Decide how your debts and taxes should be paid…etc.

What you have to remember, is that is there is no Will in place, the state will be the decider. Making a basic Will shall avoid the state from taking over your property.

Basic reasons not to have a Will:

  1. Don’t have children.
  2. Don’t have a lot of property.
  3. Don’t care if the state decides who gets your property.

This will only hold true to a small population of people over the age of 18.

So what are you waiting for? There are many resources online to help you write a basic Will. Be a responsible family member and put together a simple Will.

 



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