Your Will is likely to be one of the most important documents youíll ever write for yourself. All of your possessions, money, and property are all summed up and evaluated in one place, ready to be distributed to your loved ones. How can you make sure youíre doing it right and following all of the processes properly? Letís run through some steps to help you write your will.
Contact a Probate Lawyer
Probate is a lengthy legal process by which your Will is proved and deemed accurate. It can be a trying time, as you will likely spend over a year sorting out paperwork and determining exactly who gets what, and how.
Probate Lawyers specialise in this process and can help you to get through it without any trouble. Itís a great idea to contact a Probate Lawyer and ask them to take a look at your will. Anything you can do now to make that process easier when youíre gone is worth doing.
Wills come along with a very lengthy and complex legal process, so there are professionals who have dedicated their careers to helping you navigate the minefield!
If youíre ever struggling whilst writing your will, you can turn to a professional Will Advisor for help! These advisors will offer one-to-one, confidential assistance and advice. They can be a massive help when deciding who gets what, and how you should phrase your will.
Get your Property Evaluated
Your home is probably the most expensive thing you own, therefore itís probably going to be the most complex part of your Will. You should get your home evaluated by a trusted Real Estate Agent. This way, you can put an exact figure on your estate and not leave anything to chance.
The housing market changes all the time, so your valuation may be out of date by the time the probate process gets underway, but at least itíll give your Will more legitimacy, and being accurate to the date of writing really is the best you can do.
Talk to your Family
Your family and loved ones are likely the main beneficiaries of your Will, so discuss the process with them. Some people like to keep their Will private, only to be read when the occasion arises, but talking about the aspects of your Will can be very useful.
Explaining why you made certain decisions, the exact things that you are leaving to everyone and why can save a lot of confusion down the line, and youíll get the chance to clarify exactly what you want to happen in person.
Your Will is a very important legally binding document. It needs to be accurate, precise, and fair. Seeking legal guidance is strongly advised, as you donít want anything to slip through the cracks, or any banks to take advantage of legal loopholes to counteract your Will. As long as you are precise and properly advised, your Will should fall into all the right hands, and give a lot of people some comfort after youíre gone.