Your will is the best way to ensure that your wishes are followed once you pass on. Many people die without leaving a will, and things can get a little dicey afterward. However, writing a will might seem like a daunting task. You may not know where to begin. A good approach is to have a checklist. Several factors must be on your checklist.

The Property to Be Included in the Will

List all the assets you own or co-own and decide what you'd like to be included in the will and what you'd like to be divided in other ways. If there are assets that you own jointly with a spouse, you'll only be able to leave your share.

The Beneficiaries

Knowing who gets what may be a straightforward task for some people. However, it can be complicated in certain cases, especially if you're thinking about leaving certain children or your spouse out of the will. You should also have alternative beneficiaries since the first beneficiaries may not outlive you.

Pick an Executor

An executor is a person who is charged with the responsibility of carrying out the terms of your will. The job should go to someone who is willing to serve in that capacity. It shouldn't be a surprise.

Choose a Guardian

If you have children who are under the age of eighteen, you'll need to have someone who can raise them after your passing. This, of course, assumes that the other parent isn't in the picture as well.

Choose a Person to Manage Property Left to Children

There should be an adult to manage the wealth left behind for your children if they're not yet adults. This adult can serve as a trustee, a property guardian, or property custodian.

Make the Will

Once you've made these decisions, you're ready to make your will. The will can be in writing or a video. There are tools that can help you to write your will quickly.

Sign the Will in Front of Witnesses

A will needs to be signed in front of two witnesses. You may need to have your signature notarized if you're using a self-proving affidavit.

Be Sure to Follow Legal Requirements

Last wills and testaments are frequently contested. This is why you should ensure all legal procedures are followed in the making of the will. Work with a family estate attorney to ensure you handle everything correctly.

For more information, contact a company like Bliss & Skeen CPAs

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