Will Basics

A will is a legal document that tells others after you’ve passed from this life (die) what you want done with everything related to you!  If you do not make a will, the state (government) steps in and makes these decisions for you.  You might think you are okay with this, but you need to really consider what this means!  Are you really okay trusting the state’s decisions about your children?  Are you really okay with the state deciding what happens to your pet(s)?  Are you sure you trust the state to disperse anything you have in any way they want?  All of this costs you/your surviving loved ones more than if you had made a will before you die.

If you have minor children, it will appoint who you want to care for them until they become an adult.  If you have adult children, it will express who gets what to keep from any disputes arising.  If you have pets, it will appoint who takes them.  If you have property, it will say how you want it divided.  If you have completely alone in this world, you may want to leave everything to a cause you believe in and this will only happen if you make a will.

Who Needs a Will?

Anyone 18 years and older needs to have a will.   You can simply create a  document stating the most important things to you and what you want done with them.  The document needs to be signed, witnessed and notarized.  The original document needs to be stored where it can be found else it is no good.  A copy of a will is not a legal document.  When you die, an original document must be located, else it is the same as if you die without a will.

A copy of a will in your personal files with a note where to find the original is acceptable.  If you have an attorney create your will, they will usually hold the original for you.  A local bank’s trust department will also usually hold the original for you.  These services are free to you.

A will is a very simple document to create.  You can get a free legal consultation from a local attorney or call Philip E. Palmer, Palmer Law Office, (719)241-2705 to schedule a free consultation.  Prices are very affordable. www.pep-law.com

 

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