Most people in America have the misconception that wills are just for the super wealthy. Fortunately, you don’t have to have a large family, several homes and assets, and a parking garage full of expensive cars in order to have a will. Wills can be beneficial for practically anyone who has assets that they want handled a certain way after their death. Normally you’d turn to legal professionals who handle Wills Estates and Trusts in Mooresville NC, but there are ways you can take this responsibility into your own hands.
In the olden days, when you wanted to draw up a will, you would write it up on paper on your own. Nowadays, there’s software available that’ll allow you to create an electronic copy of your will. These programs take you through a step-by-step process in order to help you build your document. After you’re finished you can create a hard copy, or simply store it on your hard drive for safe keeping.
When you’re drawing up your will you’ll want to add certain details that truly reflect your wishes after your death. You can include practically anything in your will. However, most people use it to detail how their assets and property will be distributed after they’re gone. In addition to your property, you can include the name of your executor, the names of those who’ll receive property, how your debts will be paid, and whatever else you’d like. You can even include conditions that’ll dictate when property will be distributed. Professionals who handle Wills Estates and Trusts in Mooresville NC may be able to provide more information.
Drawing up a will on a piece of paper doesn’t make it a legal document. In order for your will to hold up in court you’ll need to include a few additional things. For starters, you’ll need to make sure you sign and date it. You’ll also need signatures from two additional witnesses. There’s no need to tell your witnesses the details of your will. After receiving these three signatures your will is legally binding, and must be recognized by the Lake Law Office PLLC and the courts.
As you can see, it doesn’t take much to create a will these days. Again, wills are for anyone who has property that’ll be left behind after their death. Consult with a Wills and Bankruptcy Attorney at Lake Law Office PLLC for more details.
