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What is a Will A will is an official document stating what you want to have done with your belongings and estate when you die. It is usually advisable to have an attorney write your will to be sure that all your estate is accounted for and that all the necessary instructions are given. You are virtually free to give your estate to anyone you wish, or divide among any number of people. You will, however, want to make a few specific directions in your will. For example: if you have minor children, you will want to appoint a guardian to take care of them should both parents die. You will also want to be sure that all property, assets or cash are accounted for in your will. This will help prevent anyone from contesting the will. You will also need to name an executor or executrix who will oversee he reading of the will and awarding of the estate to list beneficiaries. You may wish to change your will from time to time throughout your life, especially when a baby is born, you divorce or remarry, or your spouse dies. If you die without making the provisions for family changes, they will probably have a hard time receiving the benefits that you possible would have wanted them to receive. By working with your lawyer, you can plan a will that will guarantee the benefits of you estate to those you leave behind, and minimize the confusion of your wishes. What Is a Living Will and When Is One Needed A Living Will is an official document which must be worded very carefully and in conformity with the law. It must be prepared and properly witnessed in advance of the required need. It state that the individual, it terminally ill, does not wish to have the dying process prolonged through the use of artificial means. Some individuals have described it as legally stating that they do not wish to be maintained in a vegetative where there is no reasonable and probable hope of their recovery. It enables the individual to make this decision for himself or herself and eliminates the burdens, financial and moral, that are otherwise thrust upon a family or loved ones at a critical time when they may be emotionally unprepared to handle such decisions. It avoids the need to have to turn to the courts to make a decision that may then be both costly and delayed. |
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