Archive for November 30th, 2009
When you are standing on the outside of the courthouse after the judge has made a declaration of what is going to happen to your assets and children because there was no Will, families then realize the foolishness of not taking the proper precautions for such an eventful moment ! In that fleeting moment, they quickly realize that their whole life’s accumalations and family are gone with the wind !
Rigorous precautions are needed when partners sit down to begin to organize the necessary information to give to a professional to finalize their Will.
It is known that these over-the-counter-do-it yourselves-will-kits are the bane of professional estate planners. They have found them to be extremely inadequate and can often invite expensive court battles when family members argue over the intent of the testators statements.
The question is often asked, “ What is a Legal Will ? ”
When a document claims to be a ” legal will “, people need to undrestand what that means.?
When a person types on a piece of paper, “ This is the Last Will and Testament of me Carson Donald of 1212 -Tomorrow Blvd, Plainsville, Kentucky “ “ I leave my entire estate to my daughter Camilla “ Then when Carson signs that Will in front of TWO Witnesses, ( maybe only neighbors ) and dates it, then Carson has completed a legal Will that will be recognized by the courts.
It has been said many times that a hand-written Will is better than no Will information at all. It is even important to register the location of where that Will is going to be kept so it can be found when needed. Seek out a Wills Location Database to register where a Will is going to kept.
Don’t let a life-changing decision catch you un-prepared !
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