What is a will?
At it’s most basic, a will is a formal, legal document that allows you to determine what happens to your estate after you die.
Who can make a will?
In most states, in order to make a will an individual must be over the age of 18 and of sound mind.
How long is a will in effect?
A legal will – once executed in writing, signed by the person making the will and by witnesses – will be in effect until it is revoked or amended. Re-marrying, divorce, having another child or adopting a child can all revoke a will. It is important to review your will periodically to make any necessary changes because it’s uncommon for situations not to change over time.
Can a will be changed?
A will can be changed, however formal documentation must be made. In many cases, this is done by creating a new will.
What happens if you don’t have a will?
If you do not have a will and die intestate, your estate will be divided in accordance with the laws in place in your state.
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