Last Wills and Testaments -- Asset Protection and Peace of Mind
June 27, 2004
Stephanie Eidolon
Last wills and testaments are written statements of a person's final wishes, that are executed at the time of death. A will can cost a tidy sum of money to be made official through a lawyer, but this is a small price to pay for the peace of mind your family and loved ones will have thanks to the testament. Wills must be signed and witnessed and, if you wish to save your family the trouble of probate, notarized.
You must, of course, be of sound mind in order to write a last will and testament. The only people who cannot write wills are those who are mentally incapacitated or under age. Even then, those who are under eighteen years of age can witness the signing of a testament and can most assuredly be written in as beneficiaries of a will.
Young or Old -- It's Never too Early to Write Your Will
There is no reason to hesitate in your decision regarding your last testament. For a manageable cost, a will guarantees that your estate goes to the person or people to whom you wish it, rather than being liquidated by the state or entering into probate. Your will can guard your family from the courts.
Last wills and testaments protect you and yours. And, too, wills tell your survivors that you cared about them. What is more important than the lasting legacy and the peace of mind your will can give your loved ones?
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