Do-it-yourself kits may not be the best idea. How does the consumer know the final product is legally binding? Probate law is very precise and just one error can invalidate a will. Furthermore, any mistake opens the door for someone to contest the will.
Decide What Happens to Your Assets
A Last Will and Testament is a document that allows a person to pass property down to others. Also, a will allows the testator (maker of the will) to name an executor. An executor is an important person and the choice should be made wisely. The executor files the will and distributes the testator’s assets. It’s a good idea to let a wills lawyer in Arlington Heights draft the document for you. You’ll rest easier knowing the document is in good hands.
Other Will Uses
Individuals can leave instructions on how to pay debts in a will. There are those who make their estates beneficiary of life insurance. They use the will to instruct the Executor how to divide insurance proceeds. Some proceeds go to pay debts while others may be given to a loved one. The benefit of having a lawyer is that they know what and what not can be put in a will. For instance, it’s not good to put conditions on bequests. It’s okay to leave money to a child after they finish college. However, conditions that involve marriage and divorce are not legal. Funeral instructions should not be left in the will. Rather, talk to the family about those arrangements.
Executing the Will
A wills lawyer in Arlington Heights also makes sure the will is executed properly. Wills must be signed by the testator in the presence of two witnesses. The lawyer may want the will to be self-proving. A self-proving will has an easier time making it through the probate court. A self-proving will contains an affidavit from a notary public. The notary public swears they witnessed the testator and witnesses execute the will. This eliminates the court’s need to talk to the witnesses. If you need help with a will, find an estate lawyer online. Visit the website to learn more.
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