As you get your estate together for your family and loved ones in Alaska, you need to have a last will and testament that enables your wishes to be executed effectively. Unfortunately, this is an area where many people go wrong, leaving a complicated mess for their would-be beneficiaries to clean up.
If you can keep the following key aspects of writing a will in mind, it may help ease the administration of your estate for your loved ones when you are no longer around.
Always keep an updated will
Many people write a will and then forget about it until they are on their deathbeds. Smart Asset points out that your will is not a static document, and it should be updated whenever major life-changing events happen.
If you get married, have a child or go through a divorce, you should update your will to reflect the new circumstances. The last thing you want to do is leave a child out of your will and then feel rushed to include them when time is running out. Make any changes as promptly as possible.
Name a godparent for your children
If you have made an informal agreement with someone that they will take care of your children if something unexpected happens, you have made a good step in looking out for them. This may all be for naught, however, if you do not name the godparent in your will. If you don’t take this important step, the court may do it for you after you are gone.
Choose the right executor
Not just anyone can properly administer your will. Make sure you choose someone who is trustworthy and who can understand the probate process.