creating a will with a maryland will attorney
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Planning on writing your own will? Here are guidelines on how to create and draft one. http://carrollcountymarylandlawfirm.com/TRANSCRIPT
Creating a Will witha Maryland Will Attorney
WHAT IS A “WILL”?
A “WILL” IS A LEGAL DOCUMENT
BY WHICH A PERSON, THE “TESTATOR”,TELLS THE WORLD WHO SHOULD BE THE
“BENEFICIARIES” OF THEIR ASSETS AFTERTHEIR DEATH.
TESTATOR – THE GIVERBENEFICIARIES – THE RECEIVERS
AND… “EXECUTOR” – ADMINISTERS THEFINAL WISHES OF THE ONE WHOSIGNS THE WILL
HOW IS A WILL CREATED?
FIRST, YOU NEED TO HAVE AMARYLAND WILL ATTORNEY
IT SHOULD BE DRAFTED BY AN ATTORNEY WHO PRACTICES LAW IN THE AREA OF“WILLS AND TRUST ADMINISTRATION”
YOU’LL TALK TO YOUR LAWYERFACE TO FACE AND DISCUSS YOUR WISHES:
WHO SHALL BE YOURBENEFICIARIES AND EXECUTOR/S.
ONCE FINISHED, THE LAWYER DRAFTSTHE “WILL”, WHICH IS NOW THE
LEGAL DOCUMENT OF YOURLAST WILL AND TESTAMENT
YOUR LAST WILL AND TESTAMENTCAN ALSO REVOKE ALL PRIOR WILLS AND
“CODICILS”(AMENDMENTS TO ANY PRIOR WILL)
“RESIDUAL CAUSE”
ASSETS NOT SPECIFICALLY MENTIONEDAS TO WHO RECEIVES SUCH IN A CLAUSE
MAKE SURE YOUR WILL IS A VALIDAND LEGAL DOCUMENT. HOW?
* YOU NEED TO DECLARE IN FRONT OF AT LEAST TWO PEOPLE
* AGES 18+/MENTALLY COMPETENT/NOT BENEFICIARIES)* YOU: SIGN/DATE THE WILL WITH THEIR PRESENCE* WITNESSES: SIGN/DATE THE WILL AS WITNESSES WITH THEIR ADDRESS
“HOLOGRAPHIC WILL”
FOR TESTATORS WHO WANT TO WRITE THEIR WILL WITHOUT WITNESSES AND A
LAWYER.VALID AS LONG AS IT
DATED AND SIGNED BY THEM.
IF YOU WANT TO KNOW MORE ABOUT WILLS AND HOW TO DRAFT THEM, CONSULT
HOFFMAN, COMFORT, OFFUTT, SCOTT AND HALSTAD LLP
.