Wills
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Wills
Do you have a will in place? Most people have thought about a it, but few take time to create one and understand why they need one. A will is a document that tells your final wishes to loved ones and others after you pass away. A county court may read it following your death and make sure that the final wishes you had are carried out correctly.
The Importance of a Will
The will clearly defines what should happen to your property after you pass away. The document can name guardians for your children, provide care for pets, determine how taxes and debts are paid, and name an executor. They are often considered a backup to a living trust.
Legal Requirements
The will clearly defines what should happen to your property after you pass away. The document can name guardians for your children, provide care for pets, determine how taxes and debts are paid, and name an executor. They are often considered a backup to a living trust.
There are certain requirements that needs to be met in order to be legal. The following requirements must be met:
- Know your property and who you would like to leave your property to following your death. What legal implications may be placed on a loved one if they are in charge of your property following your death? A will needs to be created when you are of sound mind to ensure these are your last and final wishes.
- Create the document that names the beneficiaries of your property.
- Sign it.
- Have two witnesses sign the document.
While it is not required to have your document notarized, it does help to avoid probate following your death. Some people opt for online wills, which do not need to be witnessed. However, these wills do not always hold up, especially if there are disputes between loved ones following your death.
Contact Layton Attorneys
If you would like your will written correctly, contact our Layton law firm. We can ensure the document is legally valid so you can be confident knowing you have taken the right steps for your loved ones following your passing. Contact LeBaron & Jensen for more information about estate planning in Davis County.
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