Do You Need A Lawyer To Make A Will?
If you have a simple estate, a do-it-yourself will may be all that is required to pass your assets on in the manner of your choice. However, if you have complicated issues to resolve or questions about how your estate will be administered, it might be best to hire a professional to assist with the process.
The answer to this question depends on the needs and goals of the person writing the will. Some people use wills simply to name a guardian for their minor children, while others use them as part of a comprehensive estate plan that also includes a living will, power of attorney, and trusts.
Some states allow a handwritten will (called a holographic will) that is not witnessed. This is a valid form of will, but it must meet state requirements in order to be deemed legally binding.
A lawyer will help you to ensure that your will is written in accordance with state law, and he or she can offer advice about complex legal issues that might arise as you create the document. Using an attorney to write a will can save you time and money and may provide reassurance that your wishes will be followed.
Creating a will without a lawyer is an option, but it involves some risk. Itâ€™s not uncommon for a will to fail or be incomplete because it was not properly drafted. Incomplete or invalid wills can lead to disputes and court action after your death.
What to Include in a Will
A will should list every asset that you own and explain how you would like it distributed upon your death. It should also name a executor to carry out your wishes. This is usually a spouse or family member, but you can also choose someone who you trust.
You should also name a beneficiary for any financial assets, such as life insurance policies or retirement accounts, to whom you would like your property to pass when you die. You can even leave money to a pet if you so desire.
What to Avoid in a Will
The best way to ensure that your will is a valid and effective document is to work with a lawyer. A skilled estate planning attorney can help you to identify any legal issues that might arise during the writing of your will and to address them proactively. Recommended this site medical malpractice attorney
Some lawyers charge hourly fees for drafting and executing wills, but these costs are typically not excessive, especially if you donâ€™t have any complicated legal issues to deal with. In addition, an attorneyâ€™s services can be a valuable resource in the future when you have any questions or concerns about your plan.
You donâ€™t need a lawyer to make a will, but hiring one can be the most costeffective and convenient way to get your will in order. You can choose to work with a lawyer in-person or online, but itâ€™s important to check the attorneyâ€™s credentials before selecting a professional. In-person services are more expensive and can take up more time than other options.