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The Will Making Guide
Autor: webrepairservice :: Views: 176 ::
:: View PDF :: Print View
Our will, is not always something we want to think about. However, it can mean the difference between calm and order at the time of our death or complete chaos. Constructing a will when you are of sound mind and able is extremely important, this will help ensure that your wishes are followed through and your possession are delegated as you want them.
Without a will, your loved ones will be left with the decisions, which could be extremely hard for them following your death. Creating your will now, will give you the peace of mind, knowing that your loved ones do not have to worry about various situations and that your wishes will be followed according to plan.
Do I need a Solicitor?
A solicitor or lawyer is someone who constructs your will according to your wishes. These people generally charge a great deal of money and can take a great deal of time. You do not absolutely need a solicitor or lawyer, but this will depend on the complexity of your will. If you have a very straightforward will, then no, a solicitor is not necessary. However, if your will is to be extremely complex, then it is a wise choice to choose a solicitor, this is to ensure that everything is detailed appropriately and no mistakes are made.
How much does it cost?
Construction of the will by a solicitor or lawyer will depend on the type of will, your age, and how complex it is. Typically, this charge is based on the amount of time needed to construct the will.
What should I include in my will?
Your will should include a variety of things:
- An executor
- Assets
- Property
- Cash
- Bonds
- Stocks
- Business
- Specifics on which property and assets should go to which person
- Any other necessary items that you wish
Who are Executors?
Executors are people you have appointed to take care of the specifics of your will. They will handle making sure the heir you have designated get the assets and property as you have described in your will. They will also be responsible for paying any bills, dealing with any probate or court related cases that may come along, and ensuring everything goes according to your wishes.
Once I Have Created My Will, Where Should I Keep It?
Your will should be kept in a safe place, away from any possibilities of damage, such as water, fire, or destructive damage. You could keep a copy with your lawyer or solicitor, in a safe deposit box, or in a fire safe in your own home. The important thing is to keep it safe and protected from potential harm.
What are the Requirements for a Valid Will?
In order for a will to be valid, there are certain requirements that must be met. The following should be taken into consideration:
- Married or at least 18 years old
- Sound Mind and Ability to think clearly and make personal decisions
- Two Witnesses and Two people 16 years or older, must witness the writing and signing of the will
Source: Free Articles
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