How Do You Create A Simple Will?
Many people die without a will, leaving their estate intestate. A will protects your family members from a lengthy legal process and possible liable for unnecessary taxes. Here are simple steps to create a will. Make a list of all potential heirs. It is important to explicitly state who will inherit your property. If property is to be divided among several heirs, it would be a good idea to add percentages. The most common reason to do this would be for real estate. List all assets including bank accounts, real estate, cars, stocks, and other things of value. It is important to accurately describe each item. It would also be a good idea to list things of sentimental value, since family members may have disagreements about the distribution of some items. Always include a date on the will. In order for a will to be legal, you need two signatures of witnesses. Depending on your state, it may need to be notarized. This is very important in order to avoid the will being contested.
