Here at TriCity Lawyers, we can assist you with making a simple will. For those not familiar with this term, we have put together this article to cover the basics of what a simple will is and how it works.
Definition of a Simple Will
First, we’ll go over what a simple will actually is. Conveniently enough, this term is just another name for a last will and testament, a type of legal document in which you list your assets and designate who will inherit them after you pass away.
What is Included in a Simple Will?
Next, we’ll go over what components are included in a simple will. In general, these documents should:
- Identify the Testator – Give the name of the person making the will.
- Show Soundness of Mind – When you give your name in your simple will, you will typically also have to state that you are of sound mind and understand the document’s purpose.
- Name the Beneficiaries – A simple will needs to state who will be receiving the testator’s assets.
- Name an Executor – You will also need to appoint an executor, or person who will be responsible for distributing your assets to your beneficiaries after the will takes effect.
- Signatures – In order to be legally binding, a simple will needs the signature of the testator as well as those of witnesses to the will.