How to change will with lawyer?
A will is an important legal document that outlines how a person’s assets and property will be distributed after their death. However, circumstances may arise that prompt a change in one’s will. In such cases, it is important to work with a lawyer to ensure that the will is changed correctly and legally.
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Here are some steps to follow when changing a will with a lawyer:
- Determine why the will needs to be changed
The first step in changing a will is to determine why it needs to be changed. This could be due to a change in family circumstances, such as the birth of a child, divorce, or remarriage. It could also be due to a change in financial circumstances or a change in the law that affects the will.
- Consult with a lawyer
Once the reason for the change is established, it is important to consult with a lawyer who specializes in estate planning. The lawyer can advise on the legal implications of the changes and ensure that the new will is drafted correctly.
- Draft the new will
The next step is to draft the new will. This can be done by the lawyer in consultation with the person making the changes. The new will should reflect the changes that need to be made and should be legally binding.
- Execute the new will
After the new will has been drafted, it needs to be executed properly. This involves signing the will in the presence of witnesses and ensuring that it meets all legal requirements. The lawyer can guide the person making the changes through this process.
- Update beneficiaries
It is important to update beneficiaries on the changes made to the will. This ensures that everyone is aware of the changes and there are no disputes or misunderstandings later on.
- Store the new will in a safe place
The new will should be stored in a safe place, such as a safe deposit box or with a lawyer. This ensures that it is not lost or destroyed and is easily accessible when needed.
In conclusion, changing a will is an important process that should be done with the help of a lawyer. By following these steps, a person can ensure that their new will is legally binding and reflects their wishes. It is important to keep the will updated as circumstances change to ensure that the person’s assets and property are distributed according to their wishes.