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Making Your Last Will And Testament Lam Seina While many people thinks that they do not need to draw up a last will and testament, I think it would be best that we should be responsible enough to take care of unfinished business or rather, leave instructions on how our unfinished business should be managed. Regardless of whether you have assets to give away to your family or none, you may still need to have a will for issues like how you want to be buried when you die or other wishes that you want your family to be informed of. A will lets you give clear and straight to the point instructions for the ones you left behind. Like: 1. In a will, you can choose the person whom you want to represent you in your unfinished affairs. 2. You can choose and appoint a guardian for your children who are minors –It can be a friend or a relative. 3. You can decide on how your assets will be divided for your children’s benefits. You can also give out clear instructions on how you want your assets to be managed. 4. A will can help you make arrangements in order for your properties and estates to be preserved or even enhanced. 5. And most importantly, by having a will, you can be leave the physical earth assured that all you unfinished affairs are being taken care of the way you imagined it. In the absence of a will, the probate court will be the one who will decide on how your estate shall be managed and the decision may not be possibly on the side of your beneficiaries. That is why, to be more assured, just make a last will. Making a will can be very easy, just follow these steps: First, state your complete legal name and address and the actual date that you are making the will. You might also add your birth date and social security number to make sure that nobody mistakes you for someone else. After that, state that your mental capacity is of well state and that you are of legal age. You must specifically point out that you are of sound mind and can make rational decisions. Otherwise, your will can be easily challenged in the court. Do not forget to mention that you are revoking all other wills created before the date you stated in the beginning. Your next steps would be to appoint the executor of the will. You should also include the responsibilities and limits of the power of your executor. If necessary, you might also want to include your second choice for being the executor in case your first choice has declined or is unable to do the responsibilities of being an executor. After that, you can basically decide what to write next. You may put the clear instructions that you wish like how your assets can be divided among your beneficiaries and other instructions that you wish to be fulfilled. After that, do not forget to include a residual clause. The residual clause will contain the name of another beneficiary that will have what is left of the assets you have if there are any. Sign the papers and keep it in the hands of someone you trust or just simply store your last will in a safe place. You may also want to give it to your lawyer. And you have a last will already. Lam Seina is an Author living in Sydney, Australia. He is interested in reading and creating websites. His latest website is about hit head symptoms and finding the best symptoms of hit head on the web today.

 

 

 

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