What not to omit from a will

On Behalf of | Mar 23, 2017 | Blog

Creating a will is something that Las Vegas residents can do whenever they want. Regardless of when it is written, it should be as comprehensive as possible and provide alternative options should unexpected events occur. For instance, it may be a good idea to include an alternate beneficiary in a will in case the primary beneficiary passes away.

Adding an alternate beneficiary may also be a good idea if the primary beneficiary is currently a minor or otherwise unable to manage assets independently. A will should also include provisions that deal with digital assets such as a social media account or an online bank account. Ideally, someone will be named who has the authority to access accounts and close them if needed. It may also be a good idea to name someone as a caregiver to a pet.

This person will be tasked with providing care or overseeing assets left for the benefit of the animal. It is important to note that property cannot be given directly to an animal after an individual dies. If no one is named to care for the pet, it could be given to a shelter. Finally, it may be appropriate to name guardians for minor children to increase the odds that they are placed in the care of those best capable of providing it.

Proper will planning may make it easier for family members to carry out the final wishes of their loved one. An attorney may be able to help an individual create a will that meets his or her needs as well as all applicable legal requirements. Legal counsel may also help individuals review their current will and assist with any needed changes.