At Losavio & DeJean, LLC, The Louisiana Elder Law Firm, we are committed to helping clients with all aspects of estate planning, including drafting and updating wills. Keep reading to learn three valuable tips to get the most out of your will.
Tip #1: Don’t Copy Your Will!
Many people make copies of their will to distribute to family members. However, our legal team does not advise this because it is very possible, and likely, that one day you may wish to change your will or renounce your will. Family members could also attempt to probate a copy of the will that you changed or intentionally destroy or revoke it.
Tip #2: Don’t Hide the Fact that You Have a Will
For some cultural reason, there is a misconception that wills are a big secret that no one is to know about. Sometimes people that execute wills never even tell others that they have a will. This is a mistake because that secret will may never be found.
It is important to remember that the contents of a will can be secret, but, the fact you have a will should never be secret. You should be very public about the fact that you have a will with family members and friends. You should also let them know where the original will is located.
Tip #3: Update Your Will
There is another misconception that wills are set in concrete forever. This is another mistake. Wills should be reviewed every couple of years to make sure that they are properly updated. Estates change. The property that you once had may no longer be owned by you.
Relationships also change. You may now be closer to a certain person today than you were ten years ago. Persons that you named in your will may die or your relationship with that person may have become estranged. This is why you should make it a point to meet with your attorney regularly to update your will.
Ask About Our Estate Planning Services Today
Do you have more questions about estate planning? Losavio & DeJean, LLC, The Louisiana Elder Law Firm is here to listen to your concerns and help you find the right estate planning solutions for your situation. Reach out to our legal team today so we can put our skills to work for you.
Call (800) 835-5864 or contact us online to set up a consultation with one of our talented and compassionate lawyers.