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What factors should you consider when writing a will

Creating a last will and testament is certainly not the first thing on many people’s minds. Yet, the importance of having a will in place is huge, as unforeseen events and accidents may take away your ability to draft a will in the future. Writing a will helps to ensure your property, assets and possessions are handled according to your wishes when you pass and are no longer able to dictate your wishes. There are some factors you should consider when sitting down to create your last will and testament

First, you should think about appointing an estate administrator and who you would like to execute your wishes upon your death. It is important to make sure this person has the time available to see your estate through, and that he or she is responsible and trustworthy to carry out these duties. You will also want to get permission from the person you appoint before naming them as administrator to your estate. If they choose not to carry out the duties after your death, another executor may be appointed. 

You may also want to think about who you would like to receive what in your will, and the beneficiaries chosen to receive your property and assets once you pass. Keep in mind that you can change these beneficiaries throughout your life, but it helps to have something down in your document. If you have children, it is also wise to name a guardian who will continue to care for your children once you pass. 

This information is intended to educate and should not be taken as legal advice.

 

 

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To speak with an attorney at Gellner Law Group about estate planning, probate, trusts, wills or tax controversy, contact our law office in Kent, Washington, today. You can call 425-336-2908 or send us an email. We provide representation across the entire Seattle-Tacoma metropolitan area.

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