Embarking on the journey of creating a will is a significant step in securing your legacy. Before putting pen to paper, consider these five essential factors that will help ensure your will reflects your wishes and stands the test of time.
-
Clarity of Intentions: Define Your Legacy
Take your time to reflect on your values, priorities, and the legacy you want to leave behind. Clearly define your intentions, ensuring that your will accurately reflects your wishes and provides guidance for your loved ones.
-
Holistic Asset Evaluation: Beyond the Tangible
Consider all aspects of your assets, including both tangible and intangible elements. From financial accounts to digital assets, a comprehensive evaluation ensures that nothing vital is overlooked, offering a complete picture of your estate. -
Guardianship Decisions: Secure Your Children’s Future
If you have minor children, deciding on guardianship is a critical aspect of will-making. Thoughtfully consider who would be the best fit to care for your children, providing them with a stable and loving environment. -
Executor Selection: Trustworthy Guardians of Your Wishes
Choose an executor who is not only willing but also capable of carrying out your wishes. This person will play a crucial role in executing your will, so select someone you trust implicitly and discuss your intentions with them. -
Regular Reviews: Keep Your Will Up to Date
Life is dynamic, and circumstances change. Make it a habit to review your will periodically, especially after significant life events such as marriage, the birth of children, or changes in financial status. Keeping your will current ensures its relevance and effectiveness.
Call or email Gemmill, Johnston & Jeffries PC today to schedule your appointment and begin the journey of securing your legacy.