Wills are documents which in the end will always have much importance: can you imagine leaving, the overnight, to your loved ones without financial protection? Or do you appropriate your inheritance to a family member by right, to which you do not want to receive your assets?
So if you’re thinking of making a will there is a set of guidelines that you have to keep in mind to avoid potential problems and headaches in the future.
Here I present 6 tips for making a will:
The earlier, the better
This type of legal document must be done quietly, with time, paying attention to each of the points given much thought to what it will do and provide.
To avoid unwanted situations in which the rush to make unnecessary mistakes, it is advisable to prepare the document in advance and as soon as possible.
In this way, you will get it without any mistake and leave it all tied up, avoiding contingencies that may arise.
To do an inventory of the patrimony
Before writing the will, it is imperative that a complete list of all the assets that you own, this will avoid errors and problems in the future.
In addition to specifying all assets, you should define what not you belong, so if there is any document checked or written on your behalf, could be confusing for those who are going to inherit.
Review of the will
If the will was drafted for years, it may be advisable to revise it, because sometimes, the opinion may change over the years.
This document is modifiable, so that before any change of mind, don’t represent any kind of inconvenience for re-writing the testament again.
Make sure the type of will
Today, laws collect four types of wills, notarial, open, closed or holograph. Make sure of what is best suited to your needs.
It is therefore right to be well informed, through a good professional Phoenix estate planning lawyer, the kind of will that suits your preferences and needs.
The more detailed, thorough and accurate is the will much better for you. Although it is not mandatory to specify that is what has to deliver to each heir, you have to specify to whom the goods are leaving, and how to distribute among the people who inherit.
For this reason, it is highly recommended that you specify everything, even the smallest detail. In this way we ensure that the heirs will receive exactly as provided.
Give up if necessary
At the time of receiving an inheritance, your heirs will have to say whether they accept it or reject it. Once read your heritage, they will need to determine whether they want to receive it or not.
In those cases in which inherits an important heritage but subject to many debts, it will be necessary to assess if compensates financially or do not receive that inheritance.
Depending on which cases it is appropriate to resign, it is having weighed enough because once you withdraw, and the decision is irrevocable.