Last Will And Testament
If you already have a Last Will And Testament, you may want to review it and make changes. The article below examines the times when you should look at your Last Will. More informative articles, ebooks, and forms on Last Will, Making a Will, and Last Will And Testament are linked to www.LastWillAndTestamentSite.com.
When Do You Need To Change Your Last Will?
Often, people say that they need to change their Last Will. What they are really saying is that they need to make a new Last Will And Testament. WARNING! After you have signed your Last Will, do not write on it or strike out any words. Making written changes in your Last Will after you sign it, will void your Last Will. For example, if you have decided that you want someone else to receive your property or someone else to be the executor of your estate, do not strike their names and write different names in your Last Will And Testament. Make a new Last Will And Testament.
There is no set time or requirement that you make a new Last Will And Testament. However, you may want to consider making a new Last Will And Testament when:
1. Your present Last Will And Testament does not say what you want it to say. For instance, you may have changed your mind as to who you want to receive your property or who you want to take care of your minor children if something fatally occurs to you.
2. You get married or divorced. State laws vary, but part or all of your Last Will may be voided if you marry or divorce. In some states, you can make a Last Will And Testament before you get married, but you need to state in the Last Will that it is being made in contemplation of marriage.
3. You have children. If you did not have children when you made your Last Will, but now have children, you need to make a new Last Will And Testament that provides for them. If you already had children and then have more children, you may or may not need to make a new Last Will And Testament. Most states have laws which say after born children take the same as children born before your Last Will And Testament was made.
4. You have a unique directive in your Last Will and you move to a different state. Often, you will not need to make a new Last Will And Testament. However, because state have different laws, a unique directive may be handled differently in a different state.
5. You want to review your Last Will And Testament whenever you experience what some people refer to as a "life changing event".
Finally, you need to know that not all property is covered by your Last Will and that state laws may change your wishes expressed in your Last Will And Testament. What you have in mind with regards to your Last Will may not be effective or legal.
The above information is general information only. For specific questions or clarification, contact a lawyer licensed in your state.
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