Wills are a necessary part of estate planning. They allow you to specify who will inherit your assets and how they should be distributed according to your wishes, as well as appoint guardians for any minor children. But what if there’s a mistake in the document? Your heirs could end up with nothing! To avoid this, make sure you read through the mistakes listed below that people commonly make when writing wills.
Writing your will in the heat of the moment
When writing a will, one of the primary things that you need to avoid is rushing through it too quickly. If you do, there’s a chance that you will end up making mistakes or forgetting to include some important information in the document. It’s all too easy for emotions surrounding your death and the distribution of your property to cloud your judgment when drafting this legal document.
Using informal language
Another mistake that people commonly make when writing a will is using informal language that isn’t legally binding. For instance, you might write “I give my car to Sally” instead of making it clear that the transfer should take place after your death. If there’s anything in your will that could be contested at a later date – such as this example – then it won’t be upheld in a court of law.
Take the time to explore online sources. This is where you will learn more with freewillstoprint.com should you come across the site. Through these references, you will have a better idea of how to structure the contents of your will accordingly.
Making any changes to your will after you’ve signed it
As soon as you have signed your will, it becomes a legal document. Nevertheless, you should exert the effort to keep your will up-to-date with your current circumstances. When something significant happens – such as the birth or adoption of a child, getting married, divorced, or receiving an inheritance – you need to reflect these changes in your document.
If you have any changes that need to be made at a later date, then you should update your existing will with the new details. This way, everything is in one place and available for anyone who might need access to it when they’re carrying out tasks such as administering property or distributing assets after your death. Otherwise, your last testament will be out of date and won’t accurately express your wishes for how things should pan out after you die.
Not having at least two people witness and sign your will
Many people make the mistake of not having their will witnessed and signed by at least two people. The document won’t be legally binding as a result. However, this isn’t the only mistake that you need to avoid when writing your own will. For example, there’s also no point in having an old-fashioned handwritten version of your legal document – it needs to be typed or printed.
Leaving any blanks
Finally, don’t leave blank spaces or lines with no words written on them at the end of your will. This can make it difficult for the executor to determine what you wanted. Instead, always fill in every single line and leave no gaps anywhere on the page. If you need help with writing a will or updating an existing one, you should speak to a solicitor as soon as possible so that they can ensure everything is done properly. This is where you will come across a good lawyer that can help with the matter.
Also, keep copies of all wills, including one that is stored with an executor or notary public. This way, if your original is lost or destroyed, you will still have a copy. Make sure that even your executor knows where your will is stored in case they need to find it when carrying out tasks such as administering property or distributing assets.
In your last will, you can designate who should receive what assets if there are no heirs to inherit from you. Wills can be a very important document, and while it’s tempting to just put one together on your own in the heat of the moment, you should know that this is not such a good idea. A will needs to be written by someone who understands what they’re doing or has some legal training. Otherwise, there may be problems with its validity. It’s important to have a lawyer look over your document before signing it, so they can make sure everything is correct and up-to-date with current laws.