A will is a valuable estate planning document that allows you to determine what happens to your assets when you pass on. This can include everything from property to retirement accounts, savings, and more. Follow these steps to ensure your will is comprehensive and legally binding.

How to Write a Will

1. Make a List of Assets & Beneficiaries

Start by creating a list of assets, including property, financial accounts, stocks and bonds, and valuables like jewelry. Next, write down a list of beneficiaries—people you want to leave these possessions to. You can then determine "who gets what" and detail this in the will.

2. Select an Executor

The executor is the person who ensures the wishes expressed in your will are carried out. They have to submit the will to the probate courts for authentication, ensure debts and taxes on the estate are paid, and oversee the distribution of assets. The executor can be a relative, like a spouse, or an attorney.

3. Designate a Guardian for Kids

If you have minor children, designate a guardian to care for them in your will. While some people name the children's grandparents as guardians, it's worth weighing whether their health and living arrangements will permit them to provide long-term care. Younger relatives with kids of their own, such as an aunt and uncle, may be more viable as guardians.

4. Get the Required Signatures

Different states have different requirements in terms of how many witness signatures are needed to make a will valid. In Connecticut, you need to have two people sign the will in your presence for it to be legally binding. You must also sign the will yourself.

5. Safely Store Your Will

Once your will is complete, store it securely—for example, in a fireproof safe in your home. If you have an estate planning attorney, you can also leave a copy with them. Going forward, revisit your will annually to ensure the assets and beneficiaries listed are up-to-date.

You don't want to risk errors or oversights interfering with the validity of your will. Let Stuart R. Norman Jr. help you draft this important document. Located in Griswold, CT, this estate planning attorney has been serving the New London community since 1974. He is known for his friendly and attentive service. Learn more about his credentials online. For an appointment, call (860) 376-0069.