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Writing your Will


petet

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You may want to read it ☝️.

 

Having gone through the experience, I do hope I could be of help here.   I do believe I covered most parts when writing the earlier post.

 

Looking back, and if you are doing your Will without a lawyer, a phrase like 'this Will cannot be contested' is important.  Should you want to leave your asset only to your partner, it is good to indicate (in the Will), why you are not leaving anything to your family members (particularly your parents, should they are still alive).

 

Should you are approaching any lawyer for the Will, be open about your orientation.  Being truthful helps to cement a good relationship with the legal office.  IMO, many lawyers are willing to help.

 

All the best to you, @petet.

 

Click Here To Visit My Blog @ "The Blessed Life"

*Let me live my life to be an instrument of 'Love', in how I speak and in how I see others*

- May there be Love and Peace beyond all understanding -

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23 hours ago, petet said:

Looking for folks who have experience in penning down your will.

Especially knowing that we are single.


Guidance, personal experience and references will be most welcome.

 

 

These days, it is better to engage a lawyer to help.  It doesn't cost much (about $300 max), for most average people. A more complicated one for high networth individuals, can cost more.  Besides, these days, the will can be filed with the Courts too.  So it can be retrieved when needed. 

Many years ago I did one.  There was no filing facility, and I misplaced the will when I moved.  So did another.

 

My 2 cents...  

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23 hours ago, IkuTube said:

 

You may want to read it ☝️.

 

Having gone through the experience, I do hope I could be of help here.   I do believe I covered most parts when writing the earlier post.

 

Looking back, and if you are doing your Will without a lawyer, a phrase like 'this Will cannot be contested' is important.  Should you want to leave your asset only to your partner, it is good to indicate (in the Will), why you are not leaving anything to your family members (particularly your parents, should they are still alive).

 

Should you are approaching any lawyer for the Will, be open about your orientation.  Being truthful helps to cement a good relationship with the legal office.  IMO, many lawyers are willing to help.

 

All the best to you, @petet.

 

 

Thanks for the insight.  If we want to will our asset to an organization, must we inform the organization in advance ?  If so, is a letter (black and white) required ?

Don't read and response to guests' post

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1 hour ago, nate42 said:

 

These days, it is better to engage a lawyer to help.  It doesn't cost much (about $300 max), for most average people. A more complicated one for high networth individuals, can cost more.  Besides, these days, the will can be filed with the Courts too.  So it can be retrieved when needed. 

Many years ago I did one.  There was no filing facility, and I misplaced the will when I moved.  So did another.

 

My 2 cents...  

 

So to say a lawyer is required in order to file the will with the court, or no ?

Don't read and response to guests' post

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18 hours ago, LeanMature said:

 

So to say a lawyer is required in order to file the will with the court, or no ?


A lawyer is not really required.  Just make sure the will is witnessed by  someone not related preferably.  Witness needs to be above 21y and should not be a beneficiary.   Although, it is still valid without a lawyer, the Courts may wait a little longer to issue the Grant of Probate, to be certain that no other wills made later exists.  More so, if the family fight/contest the will. 

I used a lawyer just to make sure my kids don't fight over my assets when I pass, and that the will through a lawyer seems a little more concrete on what my wishes are.

Edited by nate42
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On 11/21/2024 at 3:26 PM, LeanMature said:

 

Thanks for the insight.  If we want to will our asset to an organization, must we inform the organization in advance ?  If so, is a letter (black and white) required ?

 

I have no legal answer to this question and I do not have any experience about it.  Hopefully, someone can enlighten us.  It is a legit intention, imo.

 

 

Click Here To Visit My Blog @ "The Blessed Life"

*Let me live my life to be an instrument of 'Love', in how I speak and in how I see others*

- May there be Love and Peace beyond all understanding -

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On 11/21/2024 at 3:26 PM, LeanMature said:

 

Thanks for the insight.  If we want to will our asset to an organization, must we inform the organization in advance ?  If so, is a letter (black and white) required ?

What happens if the organisation no longer exists ?? Get a lawyer

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On 11/20/2024 at 2:07 PM, petet said:

Looking for folks who have experience in penning down your will.

Especially knowing that we are single.


Guidance, personal experience and references will be most welcome.

 

Just go to the lawyer. It’s not very expensive. 

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4 hours ago, bluerunner said:

Just go to the lawyer. It’s not very expensive. 

 

A lawyer who is familiar with Will Writing would definitely be helpful.

 

However, there are many different aspects of law, and not all lawyers are familiar with the intricacies of Will Writing.   

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10 hours ago, yhtang said:

 

A lawyer who is familiar with Will Writing would definitely be helpful.

 

However, there are many different aspects of law, and not all lawyers are familiar with the intricacies of Will Writing.   

If you are engaging a lawyer to do the job, surely you will not be assigned to someone who knows nothing, right? The lawyer and the company are at stake. 
If lawyer does not know the ‘intricacies of writing a will’, who knows? You?  Tsk tsk. 

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34 minutes ago, bluerunner said:

If you are engaging a lawyer to do the job, surely you will not be assigned to someone who knows nothing, right? The lawyer and the company are at stake. 
If lawyer does not know the ‘intricacies of writing a will’, who knows? You?  Tsk tsk. 

 

Yes, I know how to write Wills, and I do so.  I also act as Executor. 

 

I have seen Wills prepared by lawyers that did not take into consideration possible future/potential developments of the assets and/or beneficiaries.  However, to be fair, it is the duty of the person preparing the Will to advise the testator, but at the very end, it is the decision of the testator as to what ends up in the Will. 

 

 

Edited by yhtang
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