How to create your will online

Obtain Peace of Mind with a Forever Estate Plan Last and Testament

A Last Will and Testament is a legal document that lets you direct how your assets and personal belongings should be distributed after you pass away. It also allows you to name an executor to oversee your estate. Having an up-to-date Will prevents the state from deciding who inherits your property and ensures your final wishes are respected.

With the Forever Estate Plan, you can obtain the peace of mind of knowing your Will (or your child’s Will if you are setting this up for an adult child) aligns with your/their current life situation.

Key benefits of creating a Will through Forever Estate Plan include:

• Customizability: We help you create a Will tailored to your unique family dynamics and estate preferences. The document can adapt over time as circumstances evolve.
• Available in All 50 States: Wills are reviewed by an estate planning lawyer licensed in your state to ensure accuracy and compliance with local regulations.
• Legally Binding: Upon death, the courts recognize your Will as the legal documentation dictating how your estate should be handled. This avoids disputes over asset distribution.
• Accessibility: Your Will is securely stored online and easily shared with designated individuals so it’s available when needed. We also provide lifetime access so you can update the document annually.

With the Forever Estate Plan, you can achieve clarity, convenience, and continuity through an adaptable Will that truly stands the test of time. Our plans are also very affordable, and you only pay once for a plan that adapts as you do and stays with you for a lifetime.

What’s included in a Last Will and Testament

A Last Will and Testament, commonly referred to as a “Will,” is a legal document that serves two crucial purposes:

• Distribution of Your Assets: It clearly outlines how you want your possessions and assets to be distributed after your passing. This ensures your loved ones receive your desired inheritance and prevents confusion or conflict regarding your final wishes.
• Care of Your Loved Ones: For those with minor children, a Will allows you to designate guardians who will be responsible for their care and upbringing. Additionally, you can specify your preferences for your end-of-life care, ensuring your wishes are respected and followed.

Here are some of the key elements of a Will:

• Testator: This refers to the individual creating the Will, also known as the “maker” or “grantor.”
• Beneficiaries: These are the individuals or entities who inherit specific assets or a portion of the estate (as outlined in the Will).
• Personal Representative (Executor): This person is entrusted with the responsibility of carrying out the instructions outlined in the Will. They handle tasks such as managing the deceased’s assets, paying debts, and distributing inheritances to the designated beneficiaries.
• Guardians (for Minor Children): If you have minor children, the Will allows you to appoint guardians who will care for them and manage their legal and financial affairs until they reach adulthood.
• Specific Bequests: These are specific items or assets, such as precious heirlooms or property, that are designated to specific individuals through the Will.
• Residual Estate: This refers to any assets remaining after debts are paid and specific bequests are distributed. The Will dictates how this residual estate is divided among the beneficiaries.

Distribution of Your Assets:

Setting up a Last Will and Testament is beneficial in a number of ways:

• Ensures Your Wishes are Followed: Without a Will, your assets will be distributed according to state law, which may not align with your desires. Having a Will allows you to clearly state your wishes for the distribution of your possessions and the care of your loved ones, ensuring your legacy is honored and your intentions are respected after your passing.
• Protects Your Assets and Distributes them According to Your Desires: A Will allows you to determine who inherits your assets and in what proportion. This helps protect your property from being distributed in ways you wouldn’t want and ensures your loved ones receive the financial support you intended.
• Provides for the Care of Your Minor Children: If you have minor children, a Will allows you to designate guardians who will take responsibility for their well-being and upbringing. This provides peace of mind knowing your children will be cared for by individuals you trust and ensures their future is secure.
• Reduces the Risk of Family Conflict and Disputes: Without a clear declaration of your wishes, disagreements and legal disputes among family members can arise after your death. Having a Will minimizes the risk of conflict by clearly outlining your intentions for asset distribution and guardianship, promoting understanding and cooperation among your loved ones.

Care of Your Loved Ones:

Life is a dynamic journey filled with changes and unexpected turns. To ensure your Last Will and Testament reflects your current wishes and circumstances, Forever Estate Plan offers a unique benefit: annual free updates.

This feature allows you to revisit and modify your Will every year at no additional cost. This flexibility is crucial, as life events can significantly impact your wishes and the distribution of your assets.

Some examples of situations where updating your Will may be advisable include:

• Marriage or Divorce: Changes in marital status can significantly alter your inheritance desires and necessitate adjustments to your designated beneficiaries.
• Birth of a Child or Grandchild: Welcoming new family members requires updating your Will to include them as beneficiaries or guardians.
• Significant Asset Changes: Major acquisitions or divestments require revising your Will to ensure an accurate reflection of your estate and desired distribution.
• Changes in Health or Family Dynamics: If your health changes or your family dynamics evolve, you may want to update your Will to reflect your new circumstances and care preferences.

With Forever Estate Plan’s annual free update feature, you can adapt your Will to match the ever-changing landscape of your life. This ensures your legacy remains current, your wishes are always reflected accurately, and your loved ones are protected no matter what life throws your way.

Here is how it works:

• Schedule a convenient annual consultation: Our experienced legal team will review your current Will and discuss any life changes that may necessitate updates.
• We handle the legalities: We will draft and finalize any necessary revisions to your Will, ensuring they comply with all legal requirements.
• Peace of mind for your family: You can rest assured that your Will reflects your latest wishes and provides the protection your loved ones deserve.

Investing in a Forever Estate Plan with annual updates gives you the power to continually refine your legacy, ensuring it remains relevant and meaningful throughout your life’s journey. A Forever Estate Plan is also a great gift for an adult child, especially if they have minor children.

Contact us today to take the next step toward securing your family’s future.