What are some mistakes to avoid when writing a will?

On Behalf of | Aug 21, 2015 | Wills

Individuals ignore writing a will for many different reasons, but it is a very important task to complete — and do so correctly. Your interests might not be adequately protected unless you have certain documents completed and established. At minimum, a rough draft of a will should be completed so that your things may go to their perspective owners when you are gone. Depending on how much you own and your personal wealth, making a will can be quite simple. Though it does not take much to get this important job done, there are a few mistakes that you should avoid when writing your will.

Make sure to review Nevada guidelines so that you can follow the rules for writing your will. Your will may be declared as invalid if you do not follow the state and local guidelines. Before writing your will, familiarize yourself with the laws.    

Search your friends and family for a good executer. This person will be in charge of reading the will and dividing all of your things. There is no need for them to be a professional in finance or law; simply a trusted individual will do.

Children are the number one priority in life, even as you age, but they are often forgotten during will planning. If you have children, make sure that they are taken care of in the event that you can no longer do so. Many people make the mistake of not leaving the name a guardian, sometimes resulting in the loss of the children to the state foster care system.

Go through all of your assets thoroughly, careful not to leave out a single penny or item off of your last will and testament. Lastly, be sure to update your will every few years. Writing a will on your own can be difficult. As such, it may be beneficial to speak with an estate planning attorney to make sure nothing — and no one — gets left out.