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Regardless of if you have children or own a house, talk to an estate planning attorney about creating a will while you’re still able. This legal document ensures your belongings go to people you want to receive them and prevents them from going through the stress of probate. The following explores some of the items that should make up your final draft.

Crucial Aspects of a Will

Work with an estate planning attorney to come up with a list of all your belongings. Include assets like real estate, vehicles, bank accounts, retirement savings, life insurance policies, and high-value items like ATVs, boats, and musical instruments. Then, note who you want to be their next owners.

Parents or legal guardians of kids under age 18 should also name a guardian to look after them, in case you pass before they come of age. The people you appoint must be over age 18 to legally take on this role. Arrangements should also be made for pets. However, since it is possible that beneficiaries or named guardians will pass away before you do, it’s wise to include alternatives.

Other Considerations to Keep in Mind

estate planning attorneyMany people may consider composing a will on their own or through an online service. However, without knowing the laws extensively, the document produced may not be legally binding. Therefore, consult with an estate planning attorney, who can guide you. They can also offer advice based on their years of experience. For example, while you are certainly welcome to include your preferred funeral arrangements, many wills are not read until afterward, meaning your loved ones won’t be aware of your wishes. Instead, share your thoughts with friends and family ahead of time.

 

Looking to create a will to safeguard your family’s future? Contact The Law Offices of Charley Johnson in Leon County, TX, to set up an appointment. Born and raised in Texas as a devoted Christian, he offers clients both knowledge and compassion while handling matters related to family law or estate planning. Call the Centerville-area estate planning attorney at (903) 536-2185 or visit the website for information on his other practice areas.

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