When it comes to your Last Will and Testament, you want a lawyer who is experienced and can provide you with the personalized service that you need. The Law Office of Polly Tatum has been serving Worcester County for over 25 years. We understand the importance of having a will that meets your specific needs, and we can help you create one that does just that.
We know that everyone’s situation is different and that no two wills are alike. That’s why we take the time to get to know you and your family so that we can create a custom will that meets all of your requirements. We’ll work with you to make sure that your assets are distributed according to your wishes and that your loved ones are taken care of in the event of your death.
Don’t wait until it’s too late; call the Law Office of Polly Tatum today at (774) 366-3711 to schedule a consultation with our experienced estate planning attorney. We’ll help you start drafting a will that addresses your concerns and gives you peace of mind knowing that your affairs are in order.
What Are Wills & How Do They Work?
Wills are legal documents that allow individuals to specify how they would like their assets to be distributed after they die. Individuals can also use wills to appoint guardians for minor children and pets and to outline the distribution of their assets. Wills must be executed in accordance with state law in order for them to be valid. No one knows when their time will come, but it is important to be prepared for death nonetheless.
Another important thing to do in preparation for death is to create a living will. A living will is a legal document that allows you to specify your end-of-life medical care preferences. This can be extremely helpful for your loved ones in the event that you are unable to communicate your wishes yourself.
Creating a will and living will give you the peace of mind of knowing that your loved ones will be taken care of according to your wishes, even if you are no longer able to do so yourself. If you do not have a will or living will in place, now is the time to create one. You can consult with an experienced wills lawyer at the Law Office of Polly Tatum to help you create these important documents.
How To Create A Valid Will In Worcester, MA
Creating a valid will is essential for several reasons. First, it lets you specify how your assets and property should be distributed when you’re no longer around. Without this document, the court will distribute your assets according to state laws. This might not align with your wishes after you pass away.
Additionally, a well-crafted will can help minimize estate taxes. It ensures that more of your assets go to your chosen beneficiaries rather than the government. So, how do you create a will? Take a look at the following steps.
-
Determine Your Assets & Beneficiaries
First, start by making a comprehensive list of all your assets. This includes everything you own with value in financial planning. They may consist of real estate, bank accounts, investments, personal property, and valuable possessions.
After listing, determine the value of each asset. Then, you may decide who you want to be your beneficiaries and in what proportions. The beneficiaries will receive your assets when you pass away.
-
Choose An Executor
The next important step is to select a trustworthy individual to serve as the executor of your will. Why? This person will be responsible for carrying out your wishes and handling the administrative tasks of your estate. Discuss your decision with them and provide all the necessary information. It includes where you keep your will and any other important documents.
It’s also a good idea to keep your executor informed about any changes to your estate plan. Consulting an estate planning lawyer is valuable in this process. They can provide legal guidance and ensure your choice aligns with local laws and regulations. It is important, especially if your estate is complex or you have specific legal concerns.
-
Draft Your Will
When creating this document, begin by clearly labeling it as your will at the top. This should be accompanied by your full legal name and address for identification purposes. Revoke any previous will by stating that all previous documents and codicils are null and void to avoid confusion or conflict. Next, specify the name of your chosen executor, who will carry out the terms of the document.
The heart of your will should outline how you wish to distribute your assets, detailing specific items and their intended recipients. Consider naming a guardian and making provisions for their care if you have minor children. A residual clause is also necessary, ensuring any remaining assets are distributed according to your intentions. Also, remember to include instructions for handling your digital assets and online accounts. Finally, sign and date your will in the presence of witnesses to validate it.
-
Sign The Document
You must sign and date your last will and testament to finalize and authenticate it. This is a standard requirement in most jurisdictions and validates the legal document. First, ensure you affix your signature at the end of the will, using your full legal name for clarity and authenticity. Also, make sure to include the current date.
At least two individuals not named beneficiaries in your will should witness this process. These witnesses must observe you signing the document before they proceed to sign it themselves. Their presence attests to your sound mind and willingness when signing the document, which lends further credibility to your will.
-
Store It Safely
A will typically contains sensitive and confidential information about your assets, beneficiaries, and final wishes. A well-protected and stored will reduces the chances of disputes among family members or beneficiaries about its authenticity or content. It provides a clear record of your intentions.
So, you should store it in a safe place to keep it from unauthorized access, theft, or tampering. In addition, you need to keep it where it won’t deteriorate over time. Exposure to elements like moisture, sunlight, or extreme temperatures can damage the document. Thus, it is crucial to have a safe place to protect it from such environmental factors.
Common places to store a will include a bank’s safety deposit box, a home safe, or a lawyer for will near you. It’s also advisable to inform your wills lawyer or a trusted family member about its location. You must also provide any necessary access instructions to prevent complications in the future. Ensure they know where to find it and can access it easily upon passing.
Review & Update Your Will
Life is a dynamic journey with unexpected twists and turns. Your estate plan should adapt accordingly as you navigate through its various stages. A will is not a static document but a living, breathing reflection of your wishes, values, and priorities. Therefore, it’s imperative to review regularly and, when necessary, make updates to ensure that it continues to align with your evolving circumstances.
Reviewing and updating your will as needed is a responsible and prudent step. This ensures that your estate plan remains aligned with your wishes and circumstances. Doing so also addresses any legal and financial changes affecting your estate. Additionally, it’s advisable to consult with a wills lawyer to help you make these updates correctly.
On that note, are you thinking – is there a lawyer for Will near me? Hiring a wills attorney within your proximity makes it easier to update your last will. You can use the internet to search for the ideal attorney that fits your needs. In addition, you can ask for referrals from your friends, family, or relatives who were in the same situation as you.
By keeping your will up-to-date, you demonstrate your commitment to providing for your loved ones. You can also minimize potential conflicts or complications after your passing. It’s a proactive approach to adapting to life’s changes and evolving legal and financial landscapes. You can ensure all these while maintaining control over the legacy you leave behind.
Register The Will In Your County
Registering a will is a crucial step in the estate planning. It involves formally documenting its existence and content with the appropriate authorities. This proactive measure streamlines the probate process. It also offers several advantages that can significantly benefit both the testator, the person making the will, and their beneficiaries.
First of all, registering your will provides an added layer of security and peace of mind. You can entrust the local probate court in your county with a copy. This helps ensure that it is readily accessible when needed. This is particularly important because the will is typically only executed after the testator’s passing. During this time, locating the document is often challenging for loved ones.
Although not mandatory, leaving a copy of this document is a prudent and responsible step in estate planning. It enhances the security, accessibility, and credibility of your will, ultimately serving your and your beneficiaries’ best interests.
While the specific rules and procedures may vary by location, the benefits of this action remain consistent. It can provide peace of mind, reduce potential disputes, and facilitate a smoother probate process. Therefore, depositing your will with the appropriate authorities is generally advisable regardless of your jurisdiction.
What Can Happen If I Do Not Have A Will When I Die?
If you die without a will in place, your property and assets will be distributed according to the laws of your state of residence. This means that your wishes for how your property should be divided may not be carried out. Additionally, if you have minor children, the court will appoint a guardian for them. It is important to note that this guardian may not be the person you would have chosen yourself. Creating a will gives you the ability to control what happens to your property and assets after your death. Without a will, these things are left up to chance and an attorney practicing law in this area can help.
Estate planning is an important part of life, but it is often put off until it is too late. Don’t wait until you are on your death bed to create a will. The time to act is now, not only for you but for your family as well. Call the Law Office of Polly Tatum to schedule a consultation with our experienced wills lawyers. We can help you create a will that meets your specific needs and complies with state law. Give yourself and your loved ones the peace of mind of knowing that your estate plan is in order by calling us today.
Seek Advice From An Attorney For Wills
A will is your last testament on how your estate should be distributed when you are gone. While it may seem straightforward, the complexities of inheritance laws and potential disputes among beneficiaries can complicate matters.
Remember that the laws governing wills vary by state. To ensure that it remains legally valid and meets all requirements in your jurisdiction, it’s wise to consult a wills attorney. Additionally, involving legal professionals can minimize the risk of disputes and ensure your wishes are fulfilled
Are All Wills Lawyers The Same?
No, all wills lawyers are not the same. You want to find a lawyer who has experience in wills and estate planning. This lawyer will know the ins and outs of the law and can help you create a personalized will that meets your specific needs.
When you’re looking for a wills lawyer, be sure to ask about their experience and education. You’ll also want to find out how they work with clients. Some lawyers may be more hands-on than others, so it’s important to find someone who will meet your needs as our lawyers can. Your search is over as The Law Office of Polly Tatum has experience in all practice areas concerning estate planning and wills.
What Makes The Law Office Of Polly Tatum Unique?
When it comes to choosing a wills lawyer in Worcester, you want someone who is experienced, knowledgeable, and trustworthy. At the Law Office of Polly Tatum, we offer all of that and more. We understand that every person’s needs are different, which is why we take the time to get to know each of our clients and create a plan that will cover every area they could possibly need.
If you’re looking for a wills lawyer in Worcester County who will work with you to create a custom-tailored plan for your future, contact the Law Office of Polly Tatum at (774) 366-3711 today. We’ll be happy to answer any questions you have and help you start planning for your future.
Summary
Creating a valid will is integral to estate planning, serving as a roadmap for the transfer of assets after your passing. As a first step, list your assets comprehensively and assign beneficiaries to each. Next, select a reliable and trustworthy executor who will follow the instructions as intended. It’s crucial to adhere to legal guidelines when drafting, signing, and witnessing the document to ensure its legality.
Once completed, store your will in a secure location and make it a habit to review and update it periodically to account for significant life changes. Lastly, always seek the counsel of a lawyer for will near you to guide you through the process. Knowing that someone will handle your estate according to your wishes will provide you and your family peace of mind.