Will Writer Near Me – Estate Planning
A will writer near me can help with the preparation of legal documents that will dictate how your assets are to be distributed after you die. This is an important process that should not be neglected. It can also be a complex process for those who have substantial assets and may require the assistance of an attorney to ensure the documents are legally valid and enforceable.
Using online services such as Legal Zoom or Willmaker by Quicken can provide you with the documentation you need. These companies often offer bundles that include several estate planning documents. While these services do not provide you with the same level of legal advice as a lawyer, they are less expensive than an attorney and should be considered.
If you do not wish to make your own Will, there are a number of pre-printed forms available in stationers and from charities. You can also purchase books that explain how to draw up your own Will. However, it is advisable to seek professional advice, as the consequences of a poorly written Will can have serious ramifications. A Will should be carefully written to include information about your family, your assets, and how you would like them to be divided. It should also appoint executors to carry out the duties set out in the Will and to collect and pay any debts and taxes.
Another way to protect your assets is to put beneficiary designations on all of your financial accounts and insurance policies. This allows someone you trust to manage your money and make healthcare decisions on your behalf if you become incapacitated. A Doylestown will writing lawyer can advise you on the best way to structure your beneficiary designations.
It is a good idea to regularly review your Will to ensure it is still relevant and up to date. The circumstances of your life, including your relationships and the value of your assets, can change over time. A regular review of your Will will mitigate dispute and reduce the amount of Inheritance Tax you may be required to pay on your death.
Changing your Will can be done by adding an amendment known as a codicil or by writing a new Will. A codicil can amend or revoke sections of the original Will. If you choose to write a new Will, it must be signed in the presence of two witnesses.
A Will is a legally binding document and should be kept in a safe place where it can be easily found when needed. A secure safe in the home is ideal. A bank safety deposit box is not a suitable location because your family will need to obtain a court order to access it. It is also a good idea to store it in a waterproof and fireproof container.
