As you might already know, it’s more important than ever for people to create a valid will as soon as they are able to. A will helps you protect your property for the future by determining how your assets would be handled in the event that you pass away or become incapacitated. Some people also use their wills to prepare future funeral arrangements and designate another person to be responsible for their estate. However, once you’ve created a will, you might be wondering where you can store it as safely as possible. Thankfully, our law firm has all the answers you might need! Read this blog to learn more or contact a Rockland County Will Attorney today for high-quality legal counseling.
CAN I STORE MY WILL MYSELF?
Some testators (people who create a will) might decide to store their will themselves in their own homes. One benefit is that this is completely free and you won’t need to worry about paying someone to hold your will for you. Furthermore, your family might have a better chance of easily locating and obtaining your will after you pass away if the will is stored in your own home.
The downside is that this might not be the safest option. Your will could be destroyed in the event of a fire, flood, or other disasters. Also, if your will is easily accessible, anyone who visits your home might be able to find and read it.
CAN I LEAVE MY WILL WITH MY LAWYER?
If you hire a lawyer to help you write and legitimize your will, you can choose to have your lawyer keep your will. While this can be beneficial, this choice also has its downsides. If your lawyer moves or retires, you and your family members could lose access to your will. There’s also the potential that your lawyer could misplace your will. If not with your lawyer, you can also decide to store your will with your executioner, who is the person who is in charge of your belongings after your death.
WHAT ELSE CAN I DO?
You could also store your will in a safe deposit box along with other important legal documents, but safe deposit boxes are becoming less available in most places, so this might not be an option for everyone. The advancement of technology also allows people to store their wills digitally online. This might make it easier for loved ones to access your will when needed, but a paper will would still be needed in probate court.
Are you considering creating a will? Are you seeking an experienced lawyer who can help you through the legal process? Look no further because the Lauterbach Law Firm is on your side! Contact our knowledgeable team today for an initial consultation.