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How To Draft a Will?

HomeWills Estates and TrustsHow To Draft a Will?

Drafting a will or making a trust does not imply a comprehensive estate planning.

In fact, these are just the initial steps.

In order to enable your heir or heirs receive the benefit of the estate, here are some items which cannot be obliterated. These make the indispensable part of every estate plan.

  • Will/trust

Wording of a will or trust is of immense significance. Every aspect should be taken care with scrutiny. Legal norms should be followed.

  • Power of attorney

The power of attorney needs to be durable. This implies that perchance if you are disabled that agent or person will be assigned duties on your behalf. If you fail to decide the same, it may leave the decision of the court, which then has the decisive power.

  • Designation of the beneficiary

It is imperative that you have intended in your will with respect to every possession you have. This implies to all insurance as well as retirement accounts.

  • Intent letter

If you have any special request with respect to you reaching to deteriorating or death, it must be clearly mentioned in the letter of intent. You are required to assign the letter to the executor or beneficiary.

  • Health care power of attorney

The health care power of attorney has the designation to make health care decision in case you are incapacitated. Trust is the bottom line when you are choosing this individual.

  • Designation of Guardianship

If you have kids or are planning to have them, this is mandatory for them.

Important: The articles available on uslawyer.us are neither legal advice, nor a replacement for an attorney. The articles are general information and guidance concerning different legal issues. We make sure that these articles prove helpful to you but we do not promise or guarantee that they are suitable to your condition. We also do not take responsibility for any loss that might cause to you using these articles. Hence, it is strictly suggested to not to rely on the information provided in these articles completely without getting expert legal advice. It is also suggested to consult or hire an attorney in case of any doubt.