Will Preparation in Sioux Falls, South Dakota

Find the right Will Preparation attorney in Sioux Falls, SD

In Sioux Falls, South Dakota there are numerous problems that can rear their heads, derailing the process of drafting or executing a will. Frequent examples include ambiguities in the language of the will, leading to conflicts and challenges. Most of these issues can be staved off through quality drafting.

Drafting a will doesn't need to be a difficult or especially expensive process. If you have a small to moderate amount of assets (limited to a home, a car, and a few bank/investment accounts), and don't need to set up trusts or anything similar, you can probably have a will written in just a couple days, for a relatively small fee.

Nonetheless, even with "simple" wills, there are a few frequent stumbling blocks that commonly make things far more difficult down the road. Luckily with proper will preparation, most of them are easy to avoid, with the help of a good attorney in Sioux Falls, South Dakota.

A considerable percentage of the problems that prevent wills from taking effect are caused by failing to follow the required formalities in will preparation. In most states, wills need to be witnessed and signed by at least two people who have no direct interest in the matter. They further have to include a clear written statement that the document is, in fact, the testator's will. It also has to be witnessed by at least two people. Witnesses cannot be anyone who has a direct interest in the will, which encompasses close relatives of the testator and anyone who's named in the will.

Holographic Wills in Sioux Falls, South Dakota

If you need to make a will quickly, some states authorize you to write a "holographic will." This is simply a will which the testator hand-writes. These types of wills don't need to be witnessed.

Assuming that a holographic will is valid in your state, a court will probably interpret it very liberally, acknowledging the fact that it likely wasn't written by a lawyer. This is to make it much easier to really give your wishes effect.

But you should be aware that not all states authorize holographic wills. In these states, you are still authorized to hand write your will if you so desire, but they must be accompanied by all the formalities necessary by the law of that state.

If they are authorized in your states, a holographic will can be a good option, in some cases. If you do not have a massive amount of money and property that you want to pass on, and your devises are going to be very simple (regular gifts to just a few people), a holographic will can suffice. Nonetheless, you should seek the advice of a lawyer beforehand, and know that it is almost always a better option to have a will accompanied by all the required formalities.

How Can A Sioux Falls, South Dakota Lawyer Help?

Because there are particular formalities which must be followed in drafting wills, it's always a good idea to seek the advice of a Sioux Falls, South Dakota attorney in drafting your will. Even if your will is going to be very simple, and you have the formalities all figured out, mistakes can be made.

Talk to a Wills, Trusts & Estates Law Attorney now!

Life in Sioux Falls

With a population of about 153,000, Sioux Falls is the largest city in South Dakota. Over the recent decades, Sioux Falls, South Dakota has become one of the most important centers for retail trade, health care, and financial services in the area. Sioux Falls was chartered in 1856 and is home to many large corporations such as Citigroup and Wells Fargo.

In addition to being a vital economic hub for the region, Sioux Falls South Dakota boasts a number of attractions and local events. Every year the city hosts arts culture events like the "Festival of Bands", "Jazz Fest", and an unique "Sculpture Walk" cataloguing the history and progress of the city.

Sioux Falls is also home to Empire Mall, the largest one-story shopping mall in the U.S. With its unique mix of economic growth and its thriving arts culture scene, many residents and visitors appreciate the mix of opportunities that Sioux Falls offers.

Lawyers in Sioux Falls, South Dakota practice law in wide range of legal fields to serve community needs. Many Sioux Falls lawyers contribute to civic and social activities through organizations like the State Bar of South Dakota.

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