3 Things to Consider When Writing Your Last Will
While everyone desires to live a long and healthy life, things don't always go as planned. This is the reason wills and estate lawyers always recommend that you plan your estate as early as possible. One of the best ways to plan your estate is to write a will. This document is vital and meaningful as it stipulates how everything you own will be subdivided amongst your loved ones. If you don't write a will, your loved ones may have wrangles once you are gone. It's better to set everything right while you are around. Here are some things you should remember as you write your last will and testament.
1. Learn the state laws
Since each state has different rules and regulations for intestate succession, it is essential to know them even before you draft a will. These laws are designed to determine what will happen to your property, whether you write a will or not. Generally, your spouse should be the first one to inherit, followed by your children, parents, siblings, and other people. However, some situations do vary, so reading the laws will help you create a valid document depending on your case. The last thing you want is to write a will only for it to be declared invalid once you pass on.
2. Work with a lawyer
Writing a will isn't always easy, and that's the reason why most DIY wills cannot handle stressful situations. For instance, if you have a complicated situation and one of your loved ones decides to contest the will, you want to be sure that your will prevails. The best way to achieve this goal is to work with a will and estate lawyer. These professionals will offer the guidance you require to overcome any issues. You can ask them to explain what some state laws mean in case you didn't understand them. Lawyers can also keep the will safe and represent you when the document is contested. It pays to seek professional assistance, so don't hesitate to work with a lawyer.
3. Name your kid's guardians
Your children mean the world to you, and you want to ensure they are cared for when you aren't around. So as you write your will, be sure to name your children's guardian or else the court will do this on your behalf. You may not be happy with the choice they make if you leave it to chance. When you name a guardian, the court will be forced to comply with your will, and nasty battles will be avoided for good.
For more information, contact family law services.