A will is a legal document that designates what will happen to an individual’s personal property and estate once he or she dies. Every adult who is of sound mind should have a will, whether he or she is a young or old. A will writer must be at least 18 years old. Failing to write a will can have profound effects on survivors when a person dies. Family members will have to wait on the government to decide who receives money, real estate or other possessions left behind by the deceased. This can cause disagreements among family members that may lead to law suits and hurt feelings when there are questions regarding how estates should be settled. Once a will is completed, it must be signed by the testator (person writing the will) and two witnesses.
How does one write a will?
Simple wills may state that all property is to be divided equally among survivors. However anytime
a person decides to write a will, they will want to seek legal advice from a lawyer or solicitor. This is because there are so many situations that could impact how possessions should be distributed.Before contacting a lawyer or solicitor, it is important to make a list of what needs to be covered in the will. For example, if the person who wants to write a will owns a house that will be bequeathed to a family member, the address of the property and a short description might be listed. If the furniture that is in the house will be included, that should be noted as well. If the furniture is to be divided among others, the will should spell out who receives each item of furniture.
When an individual owns various properties and possessions, the list may be extensive. Making a list ahead of time will help when it is time to visit a lawyer to write the will. It can save time, and it can help the person making the will avoid leaving out important information.
Writing thoughts about the will ahead of time also allows time to think about who will be chosen as the executor. The executor is an individual who will carry out the wishes outlined in the will and make sure all property is distributed and the necessary paperwork to close the estate is completed.
Making a Will Online
Some people are choosing to write their wills online. This is more affordable and convenient. A will writing service online provides a form that can be completed online. Once the form is completed, and the appropriate fee is paid, legal professionals working for the will writing service online will review the document. Then it can then be downloaded and printed. The will should be signed by the testator and two witnesses to make it legal.
Anyone choosing to use a will writing service online should be careful when choosing a service. The service needs to be accredited and should have qualified legal advisers to review the will. Some online will writing services may not hire qualified people and this could result in a will that does not meet the requirements of the law.
A mirror will is a will that is written by a spouse when both spouses have similar wishes regarding the distribution of assets after death. Sometimes people refer to married people as having joint wills, but wills are written separately.
Advantages and Disadvantages of Wills
The advantage of having is a will is that the testator can decide who will receive his or her property after death. This can be comforting, especially if there have been loved ones or friends whom the testator believes are especially deserving of these possessions.
A disadvantage of a will is that some testators forget to update their wills when situations change. The death of an Executor, a divorce or marriage of someone named in the will or other life events might result in possessions being distributed to people that would not have been approved by the testator. This can cause unpleasant feelings and permanent tension between survivors. To avoid this, a testator needs to review his or her will at least every five years.