List of What to Include in a Will

September 9, 2014 | By

A will is a written document that clearly indicates how your property will be distributed in the event of your death. It must be signed and witnessed for it to become legally binding.

The following is a list of what to include in a will:

  • A last will and testament must show who you are. It should contain enough information to clearly identify you as the testator.
  • A will must contain a list of your preferred beneficiaries. This might include family members, charity institutions or other individuals. It should also provide enough information regarding the beneficiaries such as their birth dates and addresses. This will help the executor to easily identify them.
  • A will must contain the name of an executor of your estate. This is because; he or she will be legally responsible for ensuring that your wishes are carried out in the event of your death. You will also need to appoint a backup executor in case the first one is unable to perform their official duties. This particular precaution is highly recommended by most legal experts.

In addition, make sure that you have sorted out all the necessary details with your primary and backup executor before putting their names in your will. This is the best way to avoid any unnecessary complications that may arise if the person is unwilling or unable to play their role as an executor.

  • When making a will, you must include proper directions as to who will care for your minor children after your death. It could be your family members or anyone else who is legally responsible.
  • Your will should also contain any special instructions or wishes that you may have. This usually involves the care of your pets or other prized possessions after your death.

Making a will is a very important aspect of proper estate planning. It is the best way to avoid any confusions or conflicts after your death.

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Category: Estate Planning, Legal

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