Tag Archives: diy will

What is a Will? (Estate Planning Terms)

Special words are used by lawyers and judges to describe the estate-planning process and the way it is supervised by judges. To see how estate planning works you need to understand the basic terms and concepts.

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Where Should I Put My Will?

If your will was prepared by a lawyer, finding a place to store it isn’t a problem because lawyers are happy to do that for their clients. But when you make a will yourself you don’t have that option.

Some people think the probate court or a government office should store it for them because a will is an important legal document. Unfortunately, this is a service they do not provide, so you are on your own. Continue reading

What Does an Executor Do?

Writing your will starts with choosing the right executor. After all, it’s your executor’s job to find all your assets, pay all your debts, and distribute what’s left to your beneficiaries to your will. This sounds easy, but unless you have been an executor you do not know what an executor’s job really involves. So who should be your executor? As Tom Carter states in Write Your Legal Will in 3 East Steps, the best way to answer this question is to start with another question, “What does an executor do?” Continue reading

Do I Need a Lawyer to Write a Will?

Most people can safely prepare their own wills without the cost of retaining a lawyer. However, there are some situations when it is recommended you do retain a lawyer. This article explains which situations will need a lawyer’s help. Continue reading