A lot of the dilemmas that plague wills and estate plans in Whitefish Bay, Wisconsin, 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.

The procedure of drafting and executing a will can be very simple with the average estate which has only a moderate amount of assets held in only a few locations (a couple bank accounts, a house, maybe a stock portfolio). This is also true if the decedent simply wants to give their property to a few immediate family members, without setting up an intricate trust arrangement.

But be warned: even a comparatively simple will can encounter delays in the drafting process, which can cause problems later on. An efficient Whitefish Bay, Wisconsin lawyer will considerably reduce the chances of this happening, if they help you in the process of robust will preparation.

Many problems with wills are due to some of the standard formalities not being followed. The formalities incorporated in drafting and executing a will are not particularly convoluted, but they must be scrupulously followed. Otherwise, the will might not be given effect. In most states, the will must include some clear statement that the document is, in fact, the last will and testament of the person making it. It typically must also be witnessed and signed by at least 2 people who do not have any stake in the will.

Holographic Wills in Whitefish Bay, Wisconsin

In some states, you can make what is identified 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.

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 truly give your wishes effect.

You should, however, know that not all states permit holographic wills. In such states, you can still hand write your will if you want, but all the formalities, such as witnesses, must be present.

If your state permits them, a holographic will might be a good way to go in some cases. For instance, if you don't have an unusually large amount of money, and simply want to leave your assets to close family members, or even to a single person (such as a spouse), it probably wouldn't be a problem. Nonetheless, even in cases like this, it's never a bad idea to make a will with the help of a lawyer.

How Can A Whitefish Bay, Wisconsin Lawyer Help?

Because there are specific formalities which must be followed in drafting wills, it's always a good idea to seek the guidance of a Whitefish Bay, Wisconsin 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.