A lot of the dilemmas that plague wills and estate plans in Big Stone Gap, Virginia, such as contests by beneficiaries who think they got the short end, could have been avoided if the will had been better-drafted in the first place.
If your estate does not have a large amount of assets, your assets are limited to cash and personal belongings, and you wish to leave all your property to your immediate family and friends, the process of drafting your will is likely to be fairly simple.
But even with "simple" wills, some easily-avoidable problems come up more commonly than they need to. A brilliant Big Stone Gap, Virginia attorney can help you avoid these problems with careful will preparation.
Many problems with wills can be caused by failing to follow the required formalities. These requirements are not very complicated, but they need to be followed scrupulously. If not, the will might be found to be invalid. In almost every state, the will must be witnessed and signed by two disinterested parties, and must include a clear statement that the document is, in fact, a last will and testament.
Holographic Wills in Big Stone Gap, Virginia
In some states, you can make what is recognized as a "holographic will." This is simply a will which is handwritten, in the testator's own handwriting. They do not need to be witnessed in order to be valid.
A holographic will, where they are authorized, will typically be interpreted liberally, to give effect to the testator's intent if at all possible.
You should know, however, that holographic wills aren't recognized in many states. If you live in one of these states, you're still free to hand write your will, but, in order to be valid, it must be accompanied by all the formalities required by the laws of the state it is made in.
If your estate is relatively small, and the devises you wish to make aren't very complicated, a holographic will can be a good option if they're valid in your state. Of course, it's never a bad idea to make a will with the assistance of a lawyer.
How Can A Big Stone Gap, Virginia Lawyer Help?
Because there are particular formalities which must be followed in drafting wills, it's always a good idea to seek the help of a Big Stone Gap, Virginia 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.