No one wants to think about a time when they won’t be around. However, failing to put the proper planning tools in place, such as a will, can cause a lot of hassle for your loved ones when you pass away.
While intestate laws are in place to determine what happens to your assets and estate if you die without a will, creating one doesn’t take a lot of time, and it gives you peace of mind that your loved ones will be cared for when you pass.
Now that you are ready to create a will, there are a few things to keep in mind. While working with a professional on this document is recommended, it’s also a good idea to know some of the most common mistakes that occur so you can avoid them.
Including your burial requests in the will
Your will should be used as a tool to leave assets to beneficiaries. However, some people include their burial and funeral wishes in this too. However, most wills are not read until days or even weeks after the funeral. If you haven’t told anyone that you added these plans to the will, they may not know about it.
It’s a good idea to tell your family about your will and what beneficiaries you have named before your death. Also, don’t change things up without making them known. Surprises that are unknown can cause anger and resentment among family members after you pass and someone may even contest the will because of it.
Having unclear property descriptions
Do you have special keepsakes that you want to get to a certain member of your family? If so, you need to include as detailed and concise a description as you can. This will help avoid confusion when you pass away.
Make sure your will meets the needs of your family
Creating a will isn’t fun, but it is necessary. If you don’t have one yet, now is a good time to create one. Just make sure to avoid the mistakes listed here.