What do you do with your Last Will when you have finished it?
We get that question a lot: I’ve finished my Last Will. What do I with it now that I’ve completed it? Do I need to have it notarized? Do I need to have it signed by a lawyer?
There are several steps you should take after completing your last will and testament:
- Sign the document: In order for a will to be legally valid, it must be signed by the person making the will (the “testator”) in the presence of at least two witnesses. The witnesses should also sign the will to confirm that they witnessed the testator signing it.
- Shred any previous Wills, Power of Attorney documents, Living Wills, etc. These documents should be shredded because the new ones that you create will take precedence over the old ones. It will help to avoid any confusion.
- Keep the Will in a safe place: It is important to keep your will in a safe and secure place where it can be easily accessed by your loved ones after your death. Some options for storing a will include a safe deposit box, a fireproof safe, or with an attorney or other trusted individual.
- Let your loved ones know where the Will is located: It is a good idea to let your loved ones know where your will is located so that they can easily access it after your death. You may also want to consider naming a trusted individual as the executor of your Will, who will be responsible for carrying out your wishes as outlined in the document.
- Review and update the Will regularly: It is important to review your will periodically and make any necessary updates to reflect any changes in your circumstances or wishes. You should update your will if you get married, have children, acquire significant assets, or experience any other major life events.