How to Revoke a Will

Document Sample
How to Revoke a Will Powered By Docstoc
					                   How to Revoke a Will
Are you looking to get rid of your current will or to update it? If so, it’s
often a good idea to start fresh by creating a new will. Just destroying your
current will may not be enough! Take the following tips into consideration
if you are thinking about revoking your will. This will ensure that you have
the correct legal documents in place for the future.

Why revoke a will?

Many people create multiple wills during their lifetime. Life offers many
changes, so it is normal to want to handle situations differently as time
passes.

What are some reasons for revoking a will?

      Marriage and divorce
      Children and stepchildren
      New assets (or loss of assets)
      You’ve changed your mind about who to leave inheritance to
      Death of a beneficiary

If any of the following situations are part of your life, it’s a good idea to
update your will.
Why can’t I just get rid of my old will?

You do not want to just throw an old will away. There might be copies of
that will lying around, which can still make it valid. If a copy of your old
will is accepted, this means that your real wishes will not be honored.

Make a new will!

If you want to revoke your will, it is important to speak with an estate
planning attorney. An estate planning attorney will help you put your new
wishes in writing.
    This can be done by creating an entirely new will. Your new will can
      be written in a way that reflects your current views.
    This can also be done by amending your current will. This is called a
     “codicil.” This document is used to amend an already existing will. It
     is best to work with an experienced estate planning attorney to
     properly execute a codicil.

If you want to revoke your current will or have questions about making
changes to your will, consult with an experienced estate planning attorney



Experienced estate planning attorneys Seattle WA of the Byrd Garrett PLLC
offers estate planning and business planning resources to residents of Seattle
WA. To learn more about these free resources, please visit
www.byrdgarrett.com today.

				
DOCUMENT INFO
Shared By:
Categories:
Stats:
views:3
posted:7/1/2011
language:English
pages:2
Description: Are you looking to get rid of your current will or to update it? If so, it’s often a good idea to start fresh by creating a new will.