Showing posts with label Making a Will. Show all posts
Showing posts with label Making a Will. Show all posts

Monday, September 23, 2019

4 Things You Need to Include When Writing Your Will

No one really wants to contemplate his or her own mortality. At some point, though, any responsible person will decide to create a will so that his or her family will be taken care of after he or she is gone. If you are looking into creating a will, you’ll want to make sure that you take care of the issues below.

Immediate Concerns

Always start with the most immediate concerns. If you have children, make sure that you appoint someone to take care of them. If you have pets, include where you want them to go. 

If you have a business, make sure that someone is appointed to run it in your stead. While these may all sound like very basic decisions, they’re the issues with which your family will first have to grapple when you are gone.

Your Funeral

Don’t forget to pay attention to your funeral in your will. If possible, go ahead and specify the funeral home and crematorium that you wish to use. If you have any special wishes, go ahead and include them—while they may not all be honored due to specific laws and regulations, it’s always good for your family to know what you would have wanted.

Special Provisions

You’ll also want to make sure that you get anything special filed away as soon as possible. If you want to leave the bulk of your estate to a charity, you’re going to want to get it in writing early so that no one will challenge your decision. 

If there’s a special item that you want to go to a specific family member, you also need to include that. Remember, there comes a point at which it really is too late to get these special items included.

Special Circumstances

Finally, make sure that you take care of any special circumstances regarding your estate when you make a will. If you have an unusual family situation, make sure that you specify whether an individual is included or if he or she is being purposefully left out.

If you know that your death might lead to specific issues in your business, make sure that you have some method of dealing with those issues included in your will. Do what you can to ensure that confusion isn’t left in your wake.

Always make sure that your will takes care of immediate issues, list your wishes for your funeral planning, and handles any special situations and provisions that might impact your loved ones. The more information you put in the document, the fewer issues with which your family will have to deal.

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