Content Overview 
- Summary
- What Is A Will?
- Does My Existing Will Need To Be Updated?
- What If I Die Without A Will? (Intestate)
- How Much Does It Cost To Prepare A Will?
- What Makes A Will Valid?
- What Can I Do In My Will?
- What Can't I Do In My Will?
- Legal Consequences Of Various Forms Of Ownership
- What If My Debts Exceed My Assets?
- Can I Prepare A Will Myself?
- What If I Do Write A Will Myself?
- How Do I Make My Will Challenge Proof?
- Should I Tell My Heirs About What Is In My Will?
- What Should I Do After I Execute A Will?
- What If I Want To Leave Money Or An Asset To A Minor?
Summary
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A Will is a legal document which controls what happens to your property, and property in which you have an interest, after your death.
Regardless of your health, wealth, or marital status, it is important to have a challenge-resistant, legally valid, up-to-date Will. This document is about the basic reasons for creating a Will. It also covers how to write a Will, including what can and cannot be done in a Will.
After writing a will, store it in a safe place that is accessible. Check it periodically to be sure it is up-to-date.
If you have a Will, consider whether it needs to be updated.
NOTE: In addition to a Will, it is advisable to:
- Write a list of "who-gets-'what", and to update it at least once a year. A list of "who-gets-what" covers the items that don't have a lot of monetary value but may be immense sentimental or historical value. Without such a list, items you think of as valuable may end up in the trash or at the local thrift store, or even end up with the wrong person.
- Write a List of Instructions which gives people practical information in case you become incapacitated or die. For example, the List tells people where your property is located, and how to maintain it.
- Make sure your pets are taken care of if you don't specifically include them in your Will.
- If no one will be living in your home immediately after you die, ask a trusted person to look after the property while it is vacant. Empty houses invite vandalism. Damage from a storm or leak which isn't taken care of can be devastating. Don't rely solely on Homeowners Insurance.
To Learn More
More Information
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