You just celebrated your 25th birthday and you feel
great. You are young and you have your whole life ahead of you – the
world is your oyster!
But
what happens in the event of an untimely death? What will happen to
your assets and property when you are no longer here? Lawyers and
solicitor, Glenn Duker, says it doesn’t hurt to write your will now. After all, life is full of the unexpected – it is always best to be prepared.
A will allows you to control how your property and
belongings are divided after your death. You can be sure that your
family is looked after and that your legacy is preserved. With this
document, you can appoint your estate’s administrator and indicate who
you wish to care for your children, if you have them.
If you die without a will, the government retains
the right to distribute your estate according to a legal formula. The
process of settling an estate can be long and complicated, often
resulting in disputes between family members. Therefore, a clear and
up-to-date will ensure that your assets end up with the people you
choose to give it to, and that difficult time for your family can be
made much easier.
The legal requirements for a will differ from state to state. However there exist three main requirements:
- You must be over 18 years of age and of sound mind
- Your wishes must be clearly indicated in writing
- Two witnesses must be present when you sign the Will
If you’re looking to draft your Will, contact a professional such as lawyer Glenn Duker today. He will ensure your Will complies with the local state law and provide trusted legal advice.
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