Talking about wills and planning your estate distribution may seem morbid. However, what's even more morbid is imagining your loved ones going through courts and lawyers when they already have to deal with their grief. In some worst-case scenarios, they may not get the estate due to legal troubles, and it could even end up in somebody else's hands. That's why you should have this conversation with your partner and family. Start your estate planning to make your family's and your own life easier if something happens to you.
What is a Last Will and Testament?
The Last Will and Testament are legal documents expressing your wishes after you pass away. It regards these decisions:
- Mention who gets what from your estate
- Mention who would be your executor (the person who would oversee the probate process and manage your estate's distribution)
- Mention who would be your minor children's legal guardian
- Make decisions about managing your finances for paying bills and managing the money if you become incapacitated.
Now imagine, if you don't make a will, all these decisions could end up in some stranger's hands. Therefore, making a Last Will and Testament should be on your priority list.
How to make a Last Will and Testament?
You could make your last will and testament online through a reliable platform. The process has become much easier than the traditional method of looking for lawyers and spending thousands of dollars. Here are some easy steps you could follow to make a simple last will and testament online:
- Gather the documents and list down your assets (tangible and intangible)
- Enter the information on the online tool and add details about your will.
- You should review the details and check if there are any mistakes. It would help avoid any issues moving forward.
- Complete the process or speak with the experts from the platform about your queries. Download the will, and it's ready!
Requirements for a legal Last Will and Testament in different states
There are different requirements for different states in the USA to make a legal will. It would help ensure that your will upholds in the court and doesn't face any issues during the probate process. You should follow your state's detailed guidelines to ensure that your last will and testament are valid. Follow the below table to learn more about your state's guidelines.