Prepare for Estate Planning FAQs
Before writing your Will, you'll need to inventory your assets. Assets can include items that have a monetary value or sentimental value. Other considerations include what you may want to happen to your pets or livestock.
No, you do not. It is simple to make a Last Will and Testament using our document builder. If you have a large estate, you may benefit from consulting with your accountant and lawyer to make sure you create a Will that would be difficult to dispute. You may also want to hire a lawyer if you own business assets with other owners that you may need to include in your Will.
Yes. In most cases, you and your spouse will need separate Wills. You may have separate assets and you likely will not die at the same time. In addition, some states do not support "Joint Wills." If you happen to die at the same time, both Wills will go into probate.
Separate Wills give you the opportunity to address issues such as:
Yes, you can. You can set aside funds in a Trust to cover your expenses and create a Memorial Plan to outline your funeral details. You can plan any details you wish, such as whether you want your organs donated, where you want to be buried, which funeral home you want to use, and more. You can even write your own obituary. You can leave your instructions with your Will and other estate planning documents. You should also leave your instructions with the person(s) who you want to carry out your funeral plan. If you don't want a family member or friend to arrange your funeral, you can assign a professional, who you have made payment arrangements to fulfill your desires for you.