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Will Forms

Will forms apply to you even if you own little or no property at all. Failure to complete will forms means anything you own will be shared out in accordance with the states’ laws of succession.

Jasper L. Edwards

 

A will refers to a legal document that describes and outlines who is to receive the probate after the death of the person. A will is usually prepared by an attorney, but you can also prepare one on your own. A will has to be signed by the individual making it. This typically happens in the presence of at least two valid witnesses together with a notary public. The person who is making the will has to be no less than 18 years of age. In addition, he or she must be of sound mind when signing the contract. 

Elements covered by will forms

A will dictates the manner in which the probate property will be distributed upon the death of the person. Something such as life insurance proceeds are not included in the probate property in case of death. Such proceeds are shared out to the beneficiaries who are named in the life insurance policy. Property that belongs to a trust is also not included in the probate property in case of death. Such property goes to a specific trustee. 

 Failure to fill out a will form

There are those people who tend to believe that they don't need to fill out a will form because they own very little property or none at all. However, one thing that you should keep in mind is that a will covers other things apart from property. It can convey certain wishes of the deceased such as the kind of funeral they desire, the fate of their body and their organs upon the event of their death or the distribution of things such as personal items and pets. 

If an individual fails to fill out a will form, their property will be shared out in accordance with the states’ laws of succession. Such laws could dictate that it be shared out to specific close relatives. If such relatives cannot be found, the probate property can be then distributed to distant relatives. In the unlikely event that no close or distant relatives are found, the probate property may then be taken by the state and any personal property will be disposed of. 

Getting will forms

Acquiring will forms is not as difficult as some people tend to think. With the various internet advancements, people can now gain easy access to the will forms they want online. However, just like with any other formal legal document, your finished will form should be looked over by a qualified attorney even though in most states this is not a legal requirement.

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Source: http://www.freewillstoprint.com/Will-Forms.html

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