Faith, Ledyard & Faith PLC
888-350-8767 623-806-8994
view our practice areas In the section

3 things to remember when writing a will

The best plans of mice and men don't always work out when it comes to estate plans. This is primarily because the person who creates an estate plan is not always the most skilled at doing it. He or she might not even have any of the requisite training for creating a legally sound and viable will. To avoid a serious problem with your estate plan after you're gone, here are three things you might want to think about:

Don't write it yourself

Even if you are an estate planning lawyer yourself, it could be wise to go to a colleague with will planning expertise to provide you with an objective view on your estate planning situation. However, especially if you don't have any training, try to remember that a do-it-yourself will might not cover all of your bases. An estate planning lawyer will help you create a lawful will that protects your wishes.

Get clear about your possessions and assets

Before you begin drafting a will, write a list of all of your possessions. This list should include personal items that -- even if they don't hold financial value -- could hold tremendous sentimental value for your family members.

Remember that joint property is not under the jurisdiction of your will

If you share any kind of joint property with right of survivorship, the other owner of the property will automatically receive it after you're gone. This can be a good thing for that person to avoid the probate process, but it could be confusing for your heirs if you accidentally bequeath your jointly-owned property to someone else.

There more things to remember when creating a will, but these three tips will get you started on the right track. If you're ready to create your will or estate plan, our law firm is available to help.

No Comments

Leave a comment
Comment Information
  • Lead Counsel Rated LC
  • Paul Faith David Ledyard Distinguished AV | Peer Review Rated | LexisNexis Martindale-Hubbell | For Ethical Standards & Legal Ability
contextual

919 North Dysart Road
Suite F
Avondale, AZ 85323

Toll Free: 888-350-8767
Phone: 623-806-8994
Avondale Law Office Map