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Drafting a will is a crucial part of the estate planning process. This is a legal document that the court will refer to when it comes time to carry out your final wishes upon death. There is quite a bit of information that can be outlined in a will, making it important that you carefully think about the different topics you want your own document to cover. If you fail to address certain issues in the will, it becomes the responsibility of the court to make those decisions on your behalf. Here are a few specific considerations to make sure your will includes.

What Information Should Be in a Will? 

1. Distribution of Assets 

The will should provide clear instruction on how your assets should be distributed. It’s vital to include everything you own to prevent any questions or conflict from arising. The more detailed you are while estate planning, the less likely there will be disputes among family members. 

2. Guardianship of Minor Children 

estate planningThe guardianship of minor children is one of the most important factors to consider when estate planning. Drafting a will gives you the opportunity to appoint a guardian if you and your spouse both die prematurely. Without designating who you want to raise your children, the court will choose a family member on your behalf. 

3. Executor of the Estate

After you pass away, your estate will enter into probate and begin the process of being administered. Naming an executor will ensure someone assumes the responsibility of making sure the will is carried out as you instructed. They will contact the beneficiaries and distribute the inheritance you left behind according to your directions. They will also pay your debts and final expenses. 

 

After writing a will, it’s crucial to make sure it’s properly executed according to your state’s laws. Neglecting to do so means the document will be invalid in court. Working with an estate planning attorney from Katzman, Logan, Halper and Bennett in Cincinnati, OH, will ensure your will is correctly drafted and your loved ones are protected. Call (513) 793-4400 today to schedule a consultation, or visit their website to learn more about their practice areas.

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