Creating a Legal Will is what carries great deal of interest and importance. Unfortunately, the actualization of the importance remains to be understood by many. Day in and day out we find individuals not inclined towards preparing a Legal Will for themselves. Understandably, thinking to prepare your own Legal Will is not a sought thought process as it is equivalent to think about your death. But consider the wishes that you have within remaining unattended when you die. This is something that no one would want.
Therefore, a timely action to undertake is to prepare a Legal Will for yourself at an age when you are in the most stable mental capacity. Below mentioned are some basic steps that one must take in order to create a Legal Will for oneself.
For better understanding of the fact as to whether a Legal Will is needed or a living trust, you must consult a lawyer who looks after estate-planning affairs. You can opt to prepare your Legal Will on your own, but it is always helpful to take some professional advice.
E-Memoz.com: the Online solution provider for the preparation of a Legal Will
You can choose to make an Online Legal Will too. Visit E-Memoz.com and it will brief you with all the ingredients required to prepare a Legal Will; plus, what more can one ask for than an online platform to handle such complex issues.
List everything in an orderly fashion! Estimate debts, list your objectives, prepare assets inventory and list all beneficiaries and family members. Your relationship with each and every individual must be stated clearly in your Legal Will.
Following must be the constituents of the Legal Will you have prepared for yourself:
Name guardian/s for your children as a guardian is responsible to look after your child. Normally guardianship is given to the surviving parent but in the case of no family member being able to look after the child or you being a single parent; naming of a guardian is a must. The minimum age requirement for the guardian is 18 years.
Identify and state the executor who would be responsible to distribute your assets as per your statements in the Legal Will. Normally the executor is an attorney, a friend who is trusted enough or a family member. An agency or company named as executor records and secures the Legal Will that you prepared and executes your statements when you have passed away.
Your Legal Will might require changes if you shift to a different residential locality; give birth to a child or change your marital status. It is a mandatory practice to update the Legal Will when necessary. Another important aspect is to destroy the previously created Legal Will of yours once you have made changes and prepared a new one.
The right way to implement and exercise a Legal Will online is to do it under the guidance of an expert. Speaking of which I suggest you once again to visit www.e-memoz.com and benefit magnanimously with the in-depth expertise of the best in the business of preparing an Online Legal Will.