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3 Tips for Writing Your Will

10/4/2022

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Having a will is a necessary part of protecting your assets both today and into the future. And, the will you create can help you to ensure that your family and others you love are taken care of no matter what. When you are putting together a will, it is essential that you take time to cover all your bases and make sure you are comfortable with the final result. Here are a few tips that can help you to create an effective and useful will for yourself.

Get an Attorney

If you have never put together a will before, you likely don’t know what your will should include. Having an attorney talk through the process with you can make it easier for you to cover all your assets and the people you want to be included. Your attorney can guide you through local and federal law concerning your assets and inheritance so you can make sure your assets will actually go where you want them to go. An attorney can also give you guidance that will help you to feel confident that your will is meeting all of your needs and the needs of the people you love.

Be Clear

Sometimes people get caught up in the language of a will, but your best bet is to be as clear as you possibly can. The goal of your will should be to ensure that it is easily understood, so you can avoid potential issues after your death. Unclear instructions in a will can lead to a drawn-out probate process. Try to be as clear and concise as possible so everyone who reads your will knows exactly who will be receiving what assets and the division can go as smoothly as possible. Your lawyer can help you to clarify your will if you aren’t sure that it is as easy to understand as you hoped.

Take a Full Accounting of Your Assets

Before you write your will, it helps to know what exactly you need to cover. Accounting for all your assets can help you to create a thorough will that doesn’t miss anything important. Take a moment to come up with a list of all your assets. It is a good idea to think about things like the care of your children as well if you have kids who are not yet adults. Covering all your bases before you start will make the process of writing your will much simpler.

Your will is an important document that will help you to ensure that your needs are met. It doesn't have to be complicated and it's okay to have help along the way. Don’t put off writing your will, since it is always better to have one than for your family to have to deal with the probate process.

Check out this article on how to stave off boredom in retirement!

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    My name is Dan Hopwood and I first started my career in the insurance business back in 1988.  2023 will be the start of my 35th year in the business. 

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