Death is inevitable and we all know it. Even though we do not like talking about this, at some point we have to face the reality we are going to this at our own time. We depart from this world so as with our fortune and hard-earned properties. We cannot bring our material wealth when we die that is why we leave them to our family or beneficiaries. Family members are at the verge of grieving in cases of death that is why we must spare them from more grieving over our fortune by writing our will.
Can I write my own will? The answer is yes. We can write a living will but doing so entails following guidelines to make it valid. Writing a will is not e asy but with proper guidance by a lawyer, we sure can make the will we wanted to leave for our beneficiaries.
A will is a legal declaration made by a testator, or the one who writes the will, to whom he or she will leave his or her estate and properties after death. Before doing so, we must read on important things what should be included and what should be avoided when writing a will. We do not want our beneficiaries to fight over any mislead lines in the will that is why we must be careful about the content of this legal document.
The following is a simple guide on how to write a will:
1. We can use any good quality and blank piece of paper when writing our will. We should also write in a permanent ink to assure what we have written would remain readable for years.
2. We must leave our wealth to responsible Executors. Executors are those persons to whom we leave our estate. When we want our wealth still in good hands after we die, then we must choose the worthy and responsible Executors.
3. We must also appoint a substitute executor in case our already appointed ones die a sudden death or unable to act as an executor.
4. When we have children under the age of 18 and we are the sole parent left for them, we can appoint a guardian and trustees for them. The trustees must be those who know how to handle money and investments until our beneficiaries can take over. And not to forget, trustees must be trustworthy.
5. When leaving family heirlooms, we must make specific legacies. We must also leave residual legacy over what is left from our estate and this must specify to whom this left over goes to.
6. We must sign the will we have written in front of three witnesses. And these witnesses must also sign the will we just made.
7. Store the will after it has been signed and witnessed but it is important not to hide our will because it would serve no purpose when it cannot be found after we have died.