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  • Will You Add? - Wills

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    ill. Anyone who owns property, including cash, stocks, jewelry or furniture, or real property, such as land or house, could prepare a will. If married, each spouse should have a will indica
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    A will is a legal document that determines what happens to a person’s property after his or her death. A will states who receives property and assets and in what amount. Property distributed under the terms of the will become the probate estate. Making a will is a responsibility, as well as a right that is protected by law.

    A will should be made when a person is legally competent, having a sound mind and at least 18 years old. It should be prepared while its maker is in good health and free from emotional stress. In other words, to make a valid will, people must understand things such as what property they own, its value, and whom they are leaving it after their death.

    A person does not need to have a large estate to plan and prepare a will. Anyone who owns property, including cash, stocks, jewelry or furniture, or real property, such as land or house, could prepare a will. If married, each spouse should have a will indicat

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    d under the terms of the will become the probate estate. Making a will is a responsibility, as well as a right that is protected by law.

    A will should be made when a person is legally competent, having a sound mind and at least 18 years old. It should be prepared while its maker is in good health and free from emotional stress. In other words, to make a valid will, people must understand things such as what property they own, its value, and whom they are leaving it after their death.

    A person does not need to have a large estate to plan and prepare a will. Anyone who owns property, including cash, stocks, jewelry or furniture, or real property, such as land or house, could prepare a will. If married, each spouse should have a will indica

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    competent, having a sound mind and at least 18 years old. It should be prepared while its maker is in good health and free from emotional stress. In other words, to make a valid will, people must understand things such as what property they own, its value, and whom they are leaving it after their death.

    A person does not need to have a large estate to plan and prepare a will. Anyone who owns property, including cash, stocks, jewelry or furniture, or real property, such as land or house, could prepare a will. If married, each spouse should have a will indica

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    must understand things such as what property they own, its value, and whom they are leaving it after their death.

    A person does not need to have a large estate to plan and prepare a will. Anyone who owns property, including cash, stocks, jewelry or furniture, or real property, such as land or house, could prepare a will. If married, each spouse should have a will indica

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    ill. Anyone who owns property, including cash, stocks, jewelry or furniture, or real property, such as land or house, could prepare a will. If married, each spouse should have a will indicating the ownership and transfer of property.

    In addition to distributing or transferring of property, a will should have other functions. It may be used to name a guardian for any minor children or to create a trust and designate a trustee to handle an estate (property left after death) on behalf of children or others. A will may also be used to name a personal representative or an executor to handle a decedent's property and affairs from the time of death until an estate is settled.

    When there is no valid will, the person is said to have died intestate. A court appoints an administrator to handle the decedent's affairs, and his or her property is then distributed according to a formula fixed by law. After payment of taxes, debts, funeral

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