Writing a will is an essential step in preparing for the future, but many people forget to include important details that could cause complications for their loved ones after they pass away. You may be wondering how to write a will properly. In this blog post, we’ll cover the 7 most commonly forgotten parts of writing a will and provide guidance on how to ensure that your will is comprehensive and legally binding.
Alternate Beneficiaries in a Will
One of the most important parts of writing a will is naming your beneficiaries – the people who will receive your assets after you pass away. However, many people forget to name alternate beneficiaries in case their primary beneficiaries pass away before they do. It’s important to name alternate beneficiaries to ensure that your assets go to the right people.
Digital Assets in a Will
In today’s world, many of our assets are digital. From online bank accounts to social media profiles, it’s important to include digital assets in your will. Make sure to list all of your digital accounts, including usernames and passwords, and specify who should have access to them.
Distributing Personal Possessions
While it’s important to outline who will receive your financial assets, many people forget about their personal possessions. If you have sentimental items that you want to pass down to specific people, make sure to include them in your will.
Funeral Arrangements
Your will can also outline your funeral arrangements, including whether you prefer burial or cremation, the type of service you want, and any specific requests you have for your funeral.
Guardianship of Children
If you have children under the age of 18, it’s important to name a guardian for them in your will. Many people forget to do this, which can lead to complications and legal battles for custody after their death.
Debts and Liabilities
When writing a will, it’s important to include any outstanding debts and liabilities you have. This ensures that your beneficiaries are aware of your financial obligations and can take them into account when dividing your assets.
Executor and Trustee
Finally, many people forget to name an executor and trustee in their will. The executor is responsible for carrying out the instructions outlined in your will. The trustee is responsible for managing any trusts you have established. It’s important to choose someone you trust to carry out these important roles.
Let’s Talk About How To Write a Will
Manning & Clair Attorneys at Law have extensive experience in writing wills. If need help learning how to write a will that is comprehensive and legally binding, put our experience to work for you.
Manning & Clair Note: The information shared here is intended for a general overview and discussion of the subject. It is not intended to be, and should not be used as, a substitute for taking legal advice in any specific situation. Please consult an attorney for advice about your individual situation.
