Writing a will is something that you should do as soon as possible if you want to protect your family’s future. You don’t know what will happen to you in the future, so it will be wise if you do something that will keep your family from being lost in your absence.
While you can write your own will, there is a great chance that you commit some mistakes. And when that happens, your family will be likely confused about your instructions. If you are planning your estate, here are some mistakes that you need to keep yourself from committing.
There is nothing wrong with using templates. But if you heavily depend on them, there is a great chance that some of your requests and instructions are not specified. By virtue, wills should be personalized. Before you start, read the template first and take out some parts that are not necessary.
Not Including All Your Assets
When writing a will, you should include all your assets, including the smallest one. If something is left, your family and relatives may fight over it. Before writing, list everything that you have ever owned, from jewelry to stocks, bonds, artworks, cars, and your business. Creating this list also provides you with an opportunity to compute your net worth.
Not Seeking Help
While writing a will is supposed to be personal, some aspects are quite technical. If you go at it without any legal help, there is a great chance that your will would be confusing and muddled. At this point, it will be wise to seek the help of a reliable attorney from Miller & Steiert, P.C. in Denver specializing in estate planning.
These are only some of the things to keep in mind when writing a will. If there is something that confuses you, do not hesitate to seek help.