Writing a will is a very personal journey. When drafting a will, you want to ensure that you leave your beneficiaries your assets as you deem fit. Reasons for allocation remain known to the will owner and they can give whatever to whomever they want to.
It has been witnessed in many cases where the deceased leave every dime they owned to charities, the state, a non-relative or even their caregivers.
The intention of a will is to act and direct on the deceased’s behalf. It is their last voice that must be executed as per their wish.
A will writing company is one of the best places to start to ensure that your will is solid and your intentions are put down in a way that wonâ€™t be open to misinterpretation. They are experts at wills and probate.
Here are five reasons you should use a will writing company:
- Validity and compliance assurance
Self-written wills may be questioned in terms of validity. Also, you may not cover all guidelines as stipulated by law which may easily render your will invalid. Someone may easily claim that a self-written will is invalid since there is no legal proof of its existence.
Anyone can decide to write the will down pretending to be deceased. On the other hand, a will writing company follows all given procedure under the constitutional mandate and cannot be questioned since a witness is provided.
A will writing company will ensure the presence of an attorney during drafting and witnesses to ensure full compliance with the law.
Use of clear and non-vague language
A will is always open to personal interpretation, as so, when oneâ€™s writing and word placement may translate to different things. A Will writing company will ensure the use of proper terms and further give a detailed description to avoid leaving room for misinterpretation.
Clear, non-vague terms are used throughout the will to make it easy during reading. Beneficiaries are referred to in plain and usually their relationship to the deceased to avoid conflicts e.g. â€˜to my wife, Joanne W. Jonesâ€™.
There is also precise information about the heir or person who will execute the will and all legal documents of ownership outlined.
- Covers all possible occurrences in the will
Incorrect reasons for writing a will. People often think about the irrelevant information included in a will. Examples of such ideas may consist of what happens to an heir in case one outlives his/her insurance policy, what happens if one leaves an asset to a relative then the asset is lost or destroyed, once a house is willed to an heir who does the house expenses fall on and what happens if an heir dies before the author of the will.
Therefore, this necessitates the action of an attorney provided by a will writing company to fine tune the exact reasons as to why an individual undertakes will writing.
There is a provision of all possible outcomes. This is important because in most cases, assets inherited come with a previous attachment like; giving to charity a certain percentage of income, hosting certain groups as a token or offering physical help to shelters in honour of the estate.
In these cases, the will clearly outline what should happen in the event the heir does not follow through.
Eliminates possible errors in will writing
Will writing companies have minimal chances of making errors in a will compared to a self-written will. An individual may forget to input a signature at the end of the will document, forget to divulge information about the whereabouts of the will and fail to update the will.
All of which can be avoided using a will writing company which has primary mandate to update the will and any activities relating to the will.
- Cost effective
Involving a will writing company is a worthy call. Fees charged by attorneys are minimal compared to the net worth of property and finances incurred trying to salvage matters arising in case of an untimely demise.
It is a small price for services rendered to keep the property may be left behind ensuring zero-sum lose.
There are numerous things that may go wrong with a self-written will and at the end bring more problems. An individual may not be able to cover all areas and definitely some details fall through the cracks. This will make the will void and undergo a lengthy process of interpretation.
Investing in a will writing company is the best thing to do. That way the will serves its original purpose of settling the deceasedâ€™s estate smoothly and amicably.