5 Things to Know when Writing Your Will
Posted by: albright on Fri, Aug 21, 2020Share this post
Whether you have a lot of money or personal property to leave to your children or family members or you have very little to offer, you should consider making a will. This is a document that can also offer information about your final wishes in the event that you don’t want life-saving measures so that your family doesn’t have to make that difficult decision. You can speak with someone from Albright, Stoddard, Warnick Albright, Las Vegas Estate Planning Attorneys, when you’re ready to write and file your will as an attorney can ensure that the document is recorded in court.
Try to get as much help as possible when writing your will. A Las Vegas wills attorney can offer suggestions about how to divide property and finances in a fair manner. An attorney can also ensure that the document is signed correctly.
Look at all of the assets that you have. You can talk to estate planning lawyers in Las Vegas who can assist in reviewing the amount of money you have and the value of everything from your home to your belongings. An attorney can point you in the right direction for who to contact to appraise items as well.
If there is any property owned with someone else, such as a spouse, then it usually can’t be left to someone in your will. If there is something specific that you want to leave that is jointly owned, then you should consider removing the other person from the property so that it can be included in your will.
Carefully think about legal guardians for minor children as they should be someone you trust. You also need to think about a trustee or executor of your will as you want to appoint someone who has your best interests in mind and who will carry out your wishes.
Talk to your attorney about beneficiaries. If you have them for a life insurance policy or another financial document, then you’ll usually find that the details in your will won’t be acknowledged. Your attorney will know how to ensure that the names of those involved are separated from each document in order for them to receive the money and property you designate.