Tuesday, December 13, 2011

Last Will and Testament

What is a last will and testament? This is a legal document by which a person can transfer their property to the people of their choice after their death.

Do I need a lawyer to draft my last will and testament? The answer to this is no you only have to be of legal age of sound mind. If you have made a will previous to your last one you must reject it in the document. You must declare that you are making this will free and willingly. After making your will you should sign it in the the presents of at least two witnesses and it should be notarized by Notary Public. This is a simple way to make a will but if you have a lot of possessions such as real estate, trust funds, and stocks and bonds you might want to consult a lawyer or at least a paralegal to assist you.

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