The idea of creating your will may make you uncomfortable, but it’s a necessary task that can bring security to your family and let them manage your affairs with ease. But do you need a lawyer to make a will? Or can you write one yourself? And most importantly, would it be legally valid either way? This article will help answer these crucial questions.
The Basics Of Making A Will
The purpose you’re addressing by making a will is to take care of several concerns. You might have a business, personal belongings, investments, a home, or other assets that you may want to leave to your family. If you have children, you can specify what they receive as an inheritance. You can also mention who should take care of them and possess legal guardianship if they are still young.
Now, creating a basic will is not particularly hard: you don’t need to use any fancy language or legal terminology. You can use software that serves this exact purpose or download a prepared DIY will that you can fill out with your personal information. Once you enter your basic information and the names of the recipients of your assets, you can have a working will that serves its purpose.
Sometimes, though, you may require the assistance of a lawyer.
Do You Need A Lawyer Involved?
While you can make a will without a lawyer’s involvement, certain legal complications can make the process tricky. For example, if you own a small business, you may want to specify your desires for the business. You may want to set up a trust for a loved one or mitigate opportunities for fraud.
In these cases, it’s a good idea to ask a lawyer to draft your will. Their knowledge of legal rules and terminology allows them to create a will that addresses complex situations. They can also answer any questions you may have when you construct your will, such as the rights of your spouse or business partners.
However, it can also give you peace of mind to have a legal professional go through your will. They have the expertise necessary to see if everything is in order and legally sound.
Is Your Will Legally Valid?
You must sign your will in front of two witnesses to make it “legal.” Apart from this, though, there are no specific steps you need to take to ensure your will is legally binding. This may vary from state to state, though; each state has specific rules that may influence the interpretation of your will’s contents. To be completely sure that your will is legally binding, it’s best to contact a lawyer in your area. They can guide you and provide instructions that ensure your will has legal validity.
Edwards Sutarwalla PLLC offers commercial clients an extensive portfolio of litigation and dispute resolution experience. Our in-house counsel and attorneys can address corporate, insurance, and construction disputes, among many other commercial matters. Contact us today at 1 (888) 757-6660, and we’ll work together to deliver results for your business.