Common Q&A About Wills
Creating or updating a will can be a confusing process, which is why we are here to help. The Slaughter Law Firm has compiled a list of some of the most common questions about wills and testaments. Here they are.
What Is A Will?
A will, also know as a testament, is a document stating how you want things taken care of after you pass. This document covers your property, belonging, fortune, and more. It will appoint at least one person to be the executor, who then becomes in charge of your estate. A will can also appoint a guardian for your children if necessary, set aside any funds, and even take care of your pets.
How Old Can You Be To Have A Will?
It is essential to have a will if you are 18 and older so that there is no confusion if anything were to happen. In addition, if you have any small children under the age of 18, a will should be a top priority. This ensures your children will be adequately and properly taken care of and under the guidance of your person of choice.
Where Do I Start?
If you plan to write your last testament, a good place to start is with a lawyer. A lawyer has all the knowledge of creating this important document and will make sure it is done correctly. Your attorney will have a variety of questions for you in regards to your will and who you want to be in charge of your estate. Here are a few words used frequently in wills and what they mean.
The person you appoint to be in charge of your estate and will.
The person whose property will be divided up, aka you.
This is a person or persons, who will receive a gift from your will. This is an important part of your will. Designating beneficiaries will make your executor’s job a lot easier. This way you have decided who gets what, and it is in written form, so no one can say otherwise. Beneficiaries often include children, siblings, spouses, family members, friends, and charities.
For more questions and answers about wills and last testaments, visit The Slaughter Law Firm. At Slaughter Law, our attorney promises to take care of all his clients. Frankie Slaughter Jr. has over 21 years of experience in areas including wills, criminal law, employment law, worker’s compensation, tax law, personal injury, and more. If you’d like to speak with an attorney about your will, you can reach us online here or call us at (423) 844-0560 today.