How To Prepare A Thorough Will

Most people understand that a will is a document a family turns to after a loved one's death. They look for the will because it contains vital information the person wants to tell the family. But have you created one yet? If not, you might wonder what to include in your will. Here are some tips to help you leave a thorough will for your family.

Assets

First, start by listing your assets, including the most obvious ones. For example, list your home, cars, and personal property. Additionally, include information about the cash you have in the bank, investments, and life insurance policies. By listing all your assets, your family will see all the things you own. This document informs them of everything, which is vital, as they might not know about all your accounts. You can also list the names of the people you want to give these items to when you die.

Debts

When you die, your family will have to pay your debts. Therefore, include a list of your debts in your will. Listing the debts helps them pay everything. You should realize that your family must pay off your debts before claiming your assets. If they don't pay your bills for secured assets, you might lose these items.

Important details

Your will is also a document you can use to list important details. For example, do you have a safe in your home? If so, does anyone have the code to get into it? If not, list the code in your will. No one will have access to this code until you die, and they will need it at this point. You should also list your passwords to your accounts and your phone code.

Wishes

Finally, you can use this document to write down your wishes. For example, do you want your family to bury or cremate your body? You can write down the specific requests with either of these. You can also list your wishes for your family after you pass away. For example, how would you like them to remember and honor you?

Hire a wills attorney

Including these details in your will can help you create a thorough will. But you should consider hiring a wills attorney to draw it up for you. An attorney can help you include the vital details needed to provide your family with the best will for your situation.

Reach out to a local wills attorney for more information.