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Aug
Do I Need A Will. The straight answer is yes. There is no requirement to file your will with a court during your lifetime. In fact many people simply keep the document in a safe place and do not file it while they are still alive. A will ensures that you get to choose your childrens legal guardian should you pass before your children are of.
Do you have kids. Why You Should Have a Will You can be clear about who gets your assets. You need to get your will formally witnessed and signed to make it legally valid. When do you need a will. A will can help reduce the amount of Inheritance Tax that might be payable on the value of the property and money you leave behind. Lately though some financial advisers have been saying that.
Notarization is only necessary when the will contains a self-proving affidavit a sworn statement attesting to the validity of the will.
A will ensures that you get to choose your childrens legal guardian should you pass before your children are of. Traditionally the answer to that question has been an unequivocal Yes particularly if you have a spouse children or stepchildren. However if you choose to file the paperwork prior to your death the probate court stores it for safekeeping. A professionally written Will takes a lot of careful thought but its equally important to decide who should look after your Estate after youve gone. If you want to give away a particular asset even if its only of sentimental value you need a will to make sure the proper person receives it. If you own a business a will can help ensure a smooth legal transition of those assets.