If you die without a will, "it doesn't matter what you want," he says, but if you get a plan for your assets and don't hire a lawyer, it's worth developing a plan and getting everything in writing.
If you're going the DIY route, you'll need to research your state's laws as well as the rules and regulations of your local law enforcement agency on wills.
You want to determine how your estate will be treated after your death, but you don't want it to be transferred to or administered by your state government after your death. You want someone to take over guardianship of your children in the event of death, and you do not want the estate to be transferred or administered to the state government after death.
In order to make a will, a person must identify the ownership of his or her estate and choose what will come into effect after his or her death. The first step in making a will is to have your estate assessed and determine what assets you need to distribute to your family and friends. Wills involves examining your assets and debts to ensure that you had a full understanding of what was left to you and your beneficiaries.
Once you have established the ownership of your property, including personal belongings, and passed it on to your heirs, you must determine how that property will be distributed. Most people who write a will behave differently when they write down what they want to divide up their estate, such as whether or not certain assets are included in the will.
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