Write a Will - How to Write a Will

					Write a Will - How to Write a Will

You can write a Will yourself if you wish to do so. Here is exactly
what you need to include if you write a Will yourself:


1. How to distribute your assets. Your Will should include exact
instructions about who gets which property upon your death.


2. Name your Executor. This person will carry out the instructions
that you have put into your Will.


3. Appoint a Guardian for your children if they are under 18 years
of age. Failure to do so will mean that the State will decide who
will look after them. It might well be somebody that you would
not choose your self.


4. Consider the effect of taxes. It will be worth taking advice if
you have a large estate.


Write a Will - Tips on How to Write a Will


  1. Create a list of all of your assets. This should include your
bank accounts, investments, property and everything else that you
own.


  2. Make a list of all the people that you wish to benefit when
you write a Will.


  3. Consider obtaining advice about taxation of your assets and
how this might be mitigated upon your demise.


Write a Will - How to Write a Will
  4. Decide who your Executor or Executors should be. It is a
good idea to have more than one.


  5. Choose a Guardian of Guardians for your children if they are
under 18 years of age. Decide how the Guardians will be taken
care of a financially should they need to carry out their duties.


 6. Start the job of deciding which beneficiaries will receive
which assets from you so that you can start to write a Will.


Write a Will - The Legalities


Here is a list of legal points that you should bear in mind when you
write a Will:


A) The person who is making the Will is called the testator. This
person should clearly identify himself as the author of the Will.
The document should also clearly states that it is your intention to
write a Will. You would normally use of the expression "Last Will
and Testament" at the start of the document when you write a
Will.


B) The Will should say that this document revokes all previous
versions of your Will and any codicils which attached to them.


C) The author of the Will should make it clear that they are able
to write a Will freely and willingly and that they are of sound
mind.


D) Your Will should be signed and dated and witnessed by at least
two people who should not be beneficiaries under your Will.


Write a Will - How to Write a Will
E) Place your signature right at the end of the document when
you write a Will.


F) You may write a Will if you are either the age of 18 years and
have a sound mental capacity. You do not need to use an attorney
in order to write a Will but you may wish to use one or some sort
of service that checks your Will because a tiny oversight could of
course be your Will to be invalidated.


There have been entire books written about how to write a Will.
It is important, therefore, to realize that it is not possible to
safely rely upon this article as your sole means of writing a Will
because there are so many legal aspects which should be taken
into account. It is said that the legal profession makes a far more
money from sorting out Wills that are incorrectly drawn up than
from writing Wills in the first place. So take care.

Write a Will Resources:

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Write a Will - How to Write a Will

				
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