How to Make A Last Will and Testament
How do I make a will? There really is nothing simple about estate planning, so before you decide to make a will (Last Will and Testament) you should first consult a qualified attorney experienced in estate planning.
Obviously, you know what property you want to go to who. But, do you know how to make sure that your wishes are honored? Often times people believe that a “simple will” is the answer. Unfortunately, a “simple will” does not always do what you want. There is also very special language that must be included in a will, and certain requirements that must be met in order for the will to be admitted to probate. It is then too late to correct the errors. If your will is deemed invalid, then the probate court appoints an administrator and your property will be distributed according to the Tennessee laws of descent and distribution, regardless of what you may have wanted. Don’t do it alone, contact an experienced estate planning attorney.
When to make a will or a trust?
Anyone who owns property ought to have a will or a trust. As we all know, our time on this earth is limited and we do not know when we will die. Most people have specific ideas and plans for how their property ought to be distributed when they die. However, unless your wishes are properly set out in written form, your property will be distributed according to the laws of descent and distribution. If you do not have a will or trust, or if you haven’t had your estate plan reviewed for several years, don’t wait any longer. Have some peace of mind, talk to an experienced estate planning attorney now.