About Last Wills & Testaments
Life presents many obstacles and surprises, so why wait for the unthinkable to happen when you can be prepared? With a last will and testament, you are able to be prepared and proactive.
What is a Last Will & Testament?
A last will and testament is a written, legal document that explains what will happen to your property and assets after your death. Also called simply a will, last will, or will and testament, a last will and testament informs your family and the state who will own your property, who will take care of your children, and who will receive your belongings.
How Does a Last Will & Testament Work?
A person can create and alter a last will and testament at any time in their life; in fact, most people first draft last wills and testaments when they have children. However, unlike other types of estate planning, a last will and testament is only activated after the owner's death.
There are three major components of creating a last will and testament.
Decide on Beneficiaries: Beneficiaries are the people who will receive the deceased's property. Beneficiaries are usually spouses, children, family members, friends, and charities.
Find an Executor: An executor is the person who will make sure the last will and testament is carried out as you wished.
Choose a Guardian: If you have any minor children, guardianship is always included in the last will and testament. You must choose an adult who will care for and raise your children, should anything happen to their remaining parent.
To make the last will and testament official, you must sign the will, and keeping it in a safe place. However, last wills and testaments need to be reviewed and revised no less than once a year.
How We Make it Easier
Instead of paying an attorney per hour to fill out the forms for you, our technology can complete the forms for you instantly. CreateAWill.com makes the process of creating a will a quick, easy four step process.
- Create an account with us online.
- Complete the interview, and our technology generates the forms for you.
- Review and download your will.
- Manage your will anytime through your online account.