In estate planning, much depends on making sure that your will is correct in all respects and error-free.
So here are some things to keep in mind when it comes to writing your will.
Wills Are Critical Documents.
Your will is one of the most important documents you will ever execute in your life. A well-drafted will provides for the orderly administration of your estate after your death (no matter how big or how small) and declares your final wishes. A well-drafted will ensures that your property goes to the people you want it to go to.
Your Will Decides Who Will Raise Your Minor Children.
Part of what you do when you draft a will is to nominate certain people to bring up your minor children should you die unexpectedly. It is absolutely critical that you are the one to do this. Because, should you die without a will, the court will appoint someone to raise your children in your absence.
Your Will Decides Who Will Carry Out Your Instructions.
Another important thing you do when you make a will is appoint a “personal representative” (or, “executor” in some states.) Your personal representative is the person who will carry out the instructions in your will. This is the person who will be responsible for gathering all your assets, distributing them to your heirs, and accounting for all the money.
So it is very important that you decide who that person should be. Again, if you should die intestate (without a will) the court will decide this for you.
When It Matters So Much, Don’t Take Chances.
An experienced trusts and estates attorney can not only help you draft a will specific to your unique needs, but can make sure that it is error-free. We offer FREE consultations and we serve all of Arizona. We have offices in Sedona, Arizona. Connect with us on Facebook or Twitter or send us an E-mail to set up your free appointment today!