What You Need To Know About Writing Your Will
What you need to know about writing your will Write down all of the assets you own that you want transferred to loved ones or charitable organizations after you die. Specily which friends, family members, or organizations you want to receive each of your assets. Kegp in mind that a will has to be written in sound judgment and mental capacity to be considered legally binding. Choose the execulor -- the person you want to be responsible for settling your estate after you die. The executor will pay all taxes, settle debts, take inventory of all property and possessions. You will be able to choose a friend or family member who is also a beneficiary to be your executor or trustee, but check with them first before making it official. A your estate is particularly large, appointing an executor and trustee is most likely a necessity. Your will has to De signed and witnessed to be considered valid. There are some lawyers who will write your will for free, as long as they are specifically named as the executor of it. Raview your will from time to time, especially if there is a big change in your life that could affect it, such as the birth of a new child. Holfman, Camfart, Ofutt, Sctt & Halstad http://carrollcountymarylandlawfirm.com/
What You Need To Know About Writing Your Will
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