top of page

5 Tips for Drafting A Will

Although drafting a will is a daunting task, it is essential to ensure that your estate and assets are distributed as you wish. A properly drafted will ensure that court proceedings regarding your assets are done in a timely manner and disputes amongst your heirs are less likely. We wanted to share 5 tips for drafting your first will.

  1. It is never too early to draft your will. The earlier you draft you will the easier it is to keep it updated and fair. As you get older, your circle of family and friends may change and their needs may change. If you have a draft ready to go, you can take care of it as needed.

  2. Avoid disputes over inheritance. Disputes will usually arise when your executor is not given enough information needed to divvy up your estate and assets properly. Vague descriptions and existing documents with contradicting information can cause problems for your executor.

  3. Choose the right executor of your will. The executor of your will is in place to ensure that your last wishes are met. It is important to discuss your biggest wishes with the executor you have chosen to find out if they are comfortable accepting the responsibility.

  4. Update your will as needed. You can change your will at any time but it can be a difficult process if it is not written properly. Allowing for the possibility of changes will ensure unnecessary issues in the future. There are also legal proceedings that you must adhere to when making changes to your will as well.

  5. Keep your will safe. Once you draft your will, it needs to be kept in a safe place. Your executor must know the location of the will, but that is it. Keep copies easily accessible and hidden as well in case your will gets lost or stolen.

These tips can help make the will drafting process go smoothly. However, you don’t have to do it alone. Call Shipman Miranda Law at 864760-0221 for assistance with drafting your first will.

Bình luận

bottom of page