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Making a will is easier than you think

By Edited Dec 25, 2013 0 1

Think again if you think making a will is hard. There are so many programs and helpful professionals who will lend you a hand today. I looked into various options of making a will before I decided to make my own will. One of the options I looked into was to go to a professional for a will writing service.

Most professionals who write wills are lawyers or specialists who offers this service. There are two ways in which you can speak to a professional, either online where you can communicate your needs through the computer, or face to face in the traditional setting.

When you meet with the professional you will need to tell them about your assets, debts if any, personal circumstances, and your instructions on how you would like to distribute your estate. You can pretty much distribute your estate in any manner you see fit. There really aren't any guidelines to follow as it is your wishes how everything is handled. Once complete it will be given to you. While not necessary it is recommended that you go ahead and have it notarized. It is also recommended that you put this in a safe place like a safety deposit box and have more than one copy.

The advantage of going to a professional in making a will is that the professional should be up to date with the latest changes in the law and give advice on the most efficient way to distribute your wealth. The service should include advice on inheritance tax and the tax implications of your will. This method will no doubt cost more than the online counterparts however for those of us with higher net worth's this method is advised.

In my opinion going to a professional would be advised if you have a complicated life history, if you have assets overseas or if you are wealthy enough such that inheritance tax will become an issue. These people will give you a will that is personalized and tailored to your needs.

Not every individual will need to go to a lawyer in making a will. For example, if you are a person who is not affected by the above factors such as overseas assets and just simply wants to allocate your wealth to particular loved ones then filling in a standard will form which you can get online will suffice.



Oct 23, 2009 3:33pm
I like this article. It seems like many people shy away from making a will. I suppose it's because we don't want to think about death. Even those just starting out on their own should really make a will, and of course, keep it updated over time.

JC Mayer
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