- Purchase a form
The first thing you need to do to prepare a will on your own is to purchase a form from any reputable source such as government stamp paper, public notary.
- Choose an executor
You need to choose a personal representative who will ensure that your property will be distributed as per the Will you have prepared. Always choose a trustworthy executor he/she can be your spouse, children, friend.
- Prepare assets
Prepare a list of your properties and describe it to your executor (e.g., your home to your live-in partner) this will help your executor will likely liquidate your assets during probate and distribute proceeds to beneficiaries.
- List debts
When you prepare a Will to keep track of your debts do mention what all debts you have and who will repay them after your death. So that your executor sends notices to your creditors. This list includes current mortgages, car loans, personal loans, credit cards, tax debts, and other debt.
- Execute the will
After preparing the will it is advisable to disclose your will to the witness so that there are no issues in the division of your property after your death. Put the signature on your will in front of two or three witnesses (depending on your state's laws) and a notary public.
- Make copies
Always keep the will in a safe place. Make copies of your will and give them to your executor and beneficiaries to avoid discrepancies after your death.
These are the steps to prepare a Will without meeting a lawyer.
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I wish to create a Will without physically visiting a lawyer. How can I do this?
Chetan Rajhansa
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4 Year
2021-05-13T18:58:02+00:00 2021-05-20T12:45:13+00:00Comment
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