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Important Components to Creating a Will

March 16, 2018 in Uncategorized | MARTIN WREN, P.C. | LEAVE A COMMENT

Putting together your final wishes can seem like a daunting process. A number of people may even choose to continuously put off the creation of their will. By doing so, they put themselves at risk of passing away unexpectedly without a document outlining their final wishes. Hopefully, your will does not need to be utilized for many years to come. However, by creating your will with an attorney who has experience in this area of practice, you can be rest assured that your loved ones will know your final wishes when the time comes.

What You Need to Get Started

There are a number of things to think about when drafting your last will and testament. When it comes to making such heavy decisions, the process can feel rather overwhelming. An attorney can help simplify the process for you by making sure that everything needed to create your will has been gathered. They can also organize the information when drafting your document. Your attorney will ask that you gather all of the information needed to complete your will. You will want to be sure that you have gathered the following before you get started:

Deed to your home

Deeds for any other property you are in possession of

Vehicle Titles

Account Statements

Investments and Retirement Account Information

Personal Property of value (both sentimental and monetary):

        Memorabilia

        Jewelry

        Art Work

Information regarding any outstanding debts that you have

It will also be important to have an idea of who will take guardianship if you have minor children.

Identify who your beneficiaries will be. You will likely need to have relevant details about them that include their name and address. You will want to make sure that you have identified a beneficiary on accounts that allow you to do so.

Services of an Attorney

You will want to consider all of the elements to your estate when drafting your will. An attorney can make sure that your will is comprised of all your wishes, leaving nothing out. It can be overwhelming to endure the process of creating a will without the help of a professional. The following are reasons it may be a good idea to obtain the services of an estate-planning attorney:

An attorney can make sure that your will is written in a way that outlines exactly how you would like your final wishes to be carried out. For a small fee, an attorney can provide you with a service that can help you feel assured that your will is drafted clearly and correctly.

They will be able to make sure that your will has been reviewed and is free from any errors. Failing to catch common mistakes could result in your will being invalid.

Writing a will can be complex. An attorney with experience can be particularly helpful in writing your will in the correct language and ensuring that nothing is left out.

With the help of an attorney, you can feel confident that your final wishes are put together in a final document. With the assistance of an attorney, they will be able to guide you through the appropriate next steps to take to ensure that a plan is developed that will work for you and your family. If you need any legal help regarding wills, contact Wills and Trusts Lawyer Scottsdale AZ and locals rely on for more information.




Thank you to Arizona Estate Planning Attorneys for providing insight on the important components in a will.

 

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