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8 mistakes to avoid when writing a will
Drafting one’s last will and testament can be emotionally stressful. However, drafting a will can offer peace of mind to the person and their family since it removes the uncertainty of inheritance. While this is a crucial step in financial planning, blunders can occur due to the various legalities and emotions attached to the process. For those worried about this, here are some of the common mistakes to avoid when writing a will. Deciding to have a handwritten will Many people find sentimental value in handwritten wills. While the last will can be written by hand, it is not advisable to do so. This is because some states may not find handwritten wills to be legally binding. While a few states may recognize it, the laws may limit what these wells can bequeath or whether any revisions will be allowed. To avoid any problems later on of oneself and one’s family, it is better to have a type-written will to ensure that the will. To make sure that the will complies with the laws of the state, one can also use sample forms and templates that are available to draft the document. Not learning the state laws Usually, the laws of across states vary regarding wills.
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