How to write a will
Any person has the right to write a will, and to make particular arrangements for the benefit of a family member, a relative, a stranger, etc., to make special bequests or to change the devolution of the estate. Here are some tips on how to write a will.
1) When you write a will: plan ahead
Almost all around the world, you must be at least 18 years old to make a will. Most teenagers or children don’t think about making this precious document. However, too many people put off this task until later, risking death without a will. Estate planning is not an age issue. You should write a will as soon as you have children or assets, even if they are still of modest value. Your estate will be less complicated for your loved ones to deal with and, most importantly, you will be the one who decides how it will be divided.
2) Start assigning
Before preparing your will, make a list of all your assets: real estate, bank accounts, pension plans, investments, vehicles, artwork, jewelry and other personal property. You can leave everything you own except for the surviving spouse’s share of the family estate, if you are married or in a civil union.
3) When you write a will: keep it simple
If your situation and wishes are simple, you can write a will yourself. There are many rules to follow and some situations can be complicated, which can lead to mistakes and therefore complications when executing the will. It is therefore better to ask for advice from a specialist (notary, legal advisor…).
4) Don’t share
Your will must be completely handwritten, dated and signed. To be valid, a will must be signed by only one person. In a couple, for example, each person must write their own will. It is very important to express your wishes simply, clearly, precisely and directly.
5) When you write a will: sign it!
After writing your last wishes by hand, don’t forget to sign at the end of the document. It must be handwritten (made by hand). Without a signature, a holographic will is considered void by law.
When you write a will, you protect your loved ones and ensure that your last wishes are respected. Talk to your advisor for further actions.