How to Create a Will
If you read our article last month about the importance of creating a will, you may be wondering how to get started. A will is designed to help you establish a plan for your assets after your death. Though it’s not necessarily a complicated process, it is vital that your will is prepared correctly or it won’t be valid. We suggest beginning here:
- Compile a list of your assets and debts. Include real estate, sentimental and heirloom items, safe deposit boxes, and bank accounts.
- Decide how you would like your assets distributed. Who gets what, how much, and when. For example, you could specify that certain assets only go to your children once they are of age.
- Choose an executor. This should be a trustworthy person that you can depend on to carry our your wishes.
- Once you have this information, schedule an appointment with an attorney with extensive experience in wills. Your attorney will help put this information into an enforceable legal document. He will make recommendations and look for ways to save money and prevent hardship on your family.
If you are ready to start discussing your last wishes, contact The Jaeger Firm. We have a questionnaire that may assist you, and would be glad to assist in making your planning as painless as possible.
