Creating a Last Will and Testament
Drafting a Will: Protecting Your Family and Assets
If you have not yet created a last will and testament, it's important to consider doing so. A last will and testament is a legal document that specifies how you want your assets to be distributed after your death, and it can also appoint guardians for your children and make other important decisions.
If you are considering drafting a will, here are some steps to follow:
Determine your assets and debts. Make a list of your assets, including any real estate, personal property, and financial accounts. You should also make a list of your debts, including any mortgages, loans, or credit card balances.
Decide how you want your assets to be distributed. Consider who you want to inherit your assets, and how you want those assets to be divided. You can also specify any charitable donations you want to make.
Appoint a guardian for your children. If you have minor children, you can appoint a guardian to take care of them in the event of your death.
Choose an executor. An executor is responsible for managing your estate and carrying out the terms of your will. Choose someone you trust to be your executor.
Create the will. You can create a will yourself, or you can work with an attorney to ensure that your will is legally valid.
At Doucet Co., LPA, we have experience in helping clients draft effective last wills and testaments. Call us at (888) 200-9824 to schedule a consultation.