12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

Elements of a Last Will and Testament in Frankfort, ME

Elements of a Last Will and Testament in Frankfort, ME


Let my heiress have full rights, live in my house, sing songs that I composed.
 
- Anna Akhmatova


Having a Last Will and Testament empowers a person to declare his or her end-of-life wishes and makes it easier for those left behind.

As part of an estate plan, creating this document can ensure that the part or parcel of the properties of the departed can go to the designated person whom he or she wishes to inherit the assets and property. It can also ensure the care and well being of children according to their wishes.

Reasons to Use a Last Will and Testament

• You would want your property distributed according to your wishes after your death.

• You want to specify the list of people or organization that will receive your property.

• You want to list the person or group to whom will carry the conditions you have stated on your will.

• You want to stipulate the name of the person to whom will be responsible for minor children if parents are unable to take care of them.

• You want to use sophisticated estate planning if the value stipulated on your will is higher than $5.34 million (in 2014, indexed for inflation) because this is already larger than the federal estate tax exemption amount.

• Computer and internet related properties can be pass along smoothly using a last will testament. These digital assets includes online account or digital files, social networking websites, online backup services and other forms of digital media properties.


How to write a Last Will and Testament

A last will and testament need not be complicated to write for its purpose is to have written document of your wishes or desires in relation to your properties or children if you pass away to avoid family disputes or confusion.


Keep in mind the following when writing your will:

• Choose your Beneficiaries

Your beneficiaries are the people who will inherit your properties and specific possessions or even digital assets you own. This includes your spouse, children and other relatives and friends.

• Appoint an Executor

Choosing a well appointed executor can make a difference on how your will be executed specially regarding the legal and financial matters of your estate. Choose someone good in numbers and well organized as a person. Look for qualities rather than anyone close to you.

• Pick a Guardian for your Children

Your spouse is the most likely candidate when it comes for the care of your children. Since your spouse will possibly receive an ample amount of assets she will be the reliable guardian that can take care of your children. You can make separate provisions for the children in case something happen to your spouse.

• Sign your Will with Witnesses


Your signature is a very important component in your will because this will be the only thing that can validate this document. You should be of legal age and mentally competent in order to validate your will. Check with your state laws regarding notarization and witnesses that can be needed to make your will a legal document.

What to Do After Writing Your Will

• Put your Will in a Safe Place. Place your will in a secure place. It would be wise to create copies to be given to people you trust like your children, spouse or executor.

• Finish your Estate Plan. A Last Will and Testament can only be a part of your estate plan and not the whole thing. A Power of Attorney, a Living Will and a Living Trust should be made for your love ones.

 
Personalize & Print a Free ME Last Will Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Related Legal Services near Frankfort, ME
Underkuffler Frank M
116 Main St
Farmington, ME 04938
(207) 778-9771
Attorneys, Legal Service Plans
Robbins Timothy E
28 State St # 1
Gorham, ME 04038
(207) 839-9099
Attorneys, Legal Service Plans
Feibel Edward F
88 Files Rd
Gorham, ME 04038
(207) 839-8368
Attorneys, Legal Service Plans
Helman Frank G Attorney-At-Law
7 Oak St
Boothbay Harbor, ME 04538
(207) 633-8330
Attorneys
Helman Frank G
88 Appalachee Rd
Boothbay Harbor, ME 04538
(207) 633-8330
Attorneys, Legal Service Plans
Traill
31 Main St
Gorham, ME 04038
(207) 839-7771
Attorneys, Legal Service Plans
Traill Marsha W
31 Main St
Gorham, ME 04038
(207) 839-7771
Attorneys
Bunch Kelly Atty
28 State St Ste 3
Gorham, ME 04038
(207) 839-7004
Attorneys
Berry Judith
28 State St
Gorham, ME 04038
(207) 839-7004
Attorneys, Legal Service Plans
Arsenault Judith
15 Ridgeway Ave
Gorham, ME 04038
(207) 839-6822
Attorneys
Sawyer John W
157 Main St
Gorham, ME 04038
(207) 839-6771
Attorneys, General Practice Attorneys, Legal Service Plans
Cullenberg Ronald J
120 Broadway
Farmington, ME 04938
(207) 778-6644
Attorneys
Griffin Law Offices
59 Atlantic Ave
Boothbay Harbor, ME 04538
(207) 633-6300
Attorneys, Elder Law Attorneys, Real Estate Attorneys
Griffin III Carl R
59 Atlantic Ave
Boothbay Harbor, ME 04538
(207) 633-6300
Attorneys, Real Estate Attorneys, General Practice Attorneys, Legal Service Plans, Elder Law Attorne
Robert R Goodrich
66 Townsend Ave
Boothbay Harbor, ME 04538
(207) 633-4700
Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Bankruptcy Services,  Bankruptcy Law Attorney
Bulay Law Offices
107 Main St
Farmington, ME 04938
(207) 778-4554
Attorneys
Morissey James
8 Briarwood Ln
Gorham, ME 04038
(207) 839-4531
Attorneys
Farrar David D
15 Woodland Rd
Gorham, ME 04038
(207) 892-4434
Attorneys, Legal Service Plans
Berry Thomas A
23 Oak St
Boothbay Harbor, ME 04538
(207) 633-4116
Attorneys, Legal Service Plans
Kaplantupper Jill
104 Townsend Ave
Boothbay Harbor, ME 04538
(207) 633-4000
Attorneys
Smith Kristina J
28 State St # 1
Gorham, ME 04038
(207) 839-3569
Attorneys, General Practice Attorneys
Mills Paul H
163 Main St
Farmington, ME 04938
(207) 778-3521
Attorneys, General Practice Attorneys
Elliott Richard W
37 McKown St
Boothbay Harbor, ME 04538
(207) 633-3115
Attorneys, Legal Service Plans
Hanstein III Walter
107 Main St
Farmington, ME 04938
(207) 778-2958
Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US