If you already have a will, and have decided you need an update, make sure to write out your comments and questions on separate paper. Don't write on your original document! Writing on a will invalidates it! It is always best to keep your original document clean and unaltered. Keep it away from stains and moisture and don't unstaple the pages. If you have a reason to make a change in your … [Read more...] about Don’t Write on Your Original Will!
Deciding what to put into a Last Will and Testament is a VERY individual choice! We prepare wills that are a few pages long, and also wills that are like a booklet. And the difference is not always how much money and property that the client has. So, how specific should you be? Generally, we advise against putting in provisions that may make it difficult for your Executor to do his or her … [Read more...] about How Specific Should Your Will Be?
We always tell people to consider updating their will if one of the “major players” dies, becomes incapacitated or estranged. In other words, if a named beneficiary (someone who is inheriting), an executor (person who will manage the distribution of the estate) or a trustee (person who you have named to manage a trust) cannot do whatever it is you anticipated them doing (whether it is inheriting … [Read more...] about When to Update Your Will