Palmer, Alaska
111 W. Evergreen Ave
Palmer, AK 99645
(907) 746-9851

What to Know About Writing a Will May 15, 2019

Palmer, Matanuska-Susitna
What to Know About Writing a Will , Palmer, Alaska

Preparing a will may seem like a relatively straightforward process that doesn’t require an attorney, especially if you don’t have significant assets or complex investments. However, it can be surprisingly complicated, and even minor errors leave your estate open to legal challenges. The following do’s and don’ts will protect your loved ones and ensure your final wishes are respected.

Do

Choose your executor carefully.

An executor is the individual charged with guiding your estate through the probate process, paying off debts, and distributing assets to your beneficiaries. The probate process can be long and technical, so choose a responsible person with excellent organizational skills.

Update your will regularly.

attorneyThe birth of a child, marriage, or divorce can all have a dramatic impact on your estate plan, and unexpected issues could arise if you pass away with an outdated will. For instance, any provisions benefiting a former spouse could be invalidated, with those assets distributed according to your state’s intestacy laws. You should also update your plan if you’ve acquired significant assets, sold items described in the will, or the person chosen as your executor is no longer able to serve.

Don’t:

Wait to make an estate plan. 

Planning your estate means contemplating some unpleasant scenarios most people would rather not think about. However, accidents can happen at any time, so even young, healthy people should write a will.

Do it alone.

Many online resources and books claim to make writing a will easy, but those tools can’t offer advice based on your unique situation. An attorney has the experience to draft a will that clearly expresses your wishes and will ensure your estate planning documents are legally valid.

 

Since 1988, Darryl L. Jones, Attorney at Law in Palmer, AK, has offered effective legal support and advice to families throughout Anchorage and the Matsu Valley. This firm takes pride in helping clients through difficult times, from criminal defense proceedings to child custody issues. Visit their website for a look at their legal services, or call (907) 746-9851 to schedule a consultation with an attorney.

Other Announcements, Events and Deals from Darryl L. Jones Attorney at Law
5 Factors That Help Determine Child Custody Decisions, Palmer, Alaska
When parents split, courts must come up with child custody arrangements to ensure the little one’s well-being. Knowing what to expect from the decisions may help you feel m...read more
A Guide to Personal Injury After Car Accidents, Palmer, Alaska
Car accidents can cause injuries that leave you with medical bills and prevent you from working. If someone else caused the incident, you have grounds to receive compensation. A...read more
What to Know About Alaska's Marijuana Laws, Palmer, Alaska
Recreational and medicinal marijuana is legal in Alaska. This includes the flowers, leaves, and stems of the plant, as well as all related products, including oils, edibles, top...read more
3 Ways to Protect Your Finances During Divorce, Palmer, Alaska
In the midst of the emotional challenges that come with divorce, it’s important not to forget about your finances. To avoid negative repercussions, consult an experienced family...read more
4 FAQ About Child Custody Law, Palmer, Alaska
Child custody disputes can have outcomes that shape the rest of your life. If you and your spouse can’t agree on a custody and visitation schedule, you may have to address these...read more