Free Will Forms

A will is declaring legally that a person, the testator, designates one or more persons to manage one's estates and provides the transfer of one's property at the time of death. A will also creates a testamentary trust that will become effective only after the testator dies.

Do I Need A Will?

Most Americans surely need a will but apparently over half die without a will and one's bereaved family get involved in more complex situation such as dispute over the estate and emotional turbulence. This is due to a sensitive matter that most people feel reluctant to handle when they are still alive.

However it is important that you understand the implications and future result, if you don't have a will prepared while you can. If you already have one and need to change any condition to conform to your updated circumstances, maybe it is right time for you to amend your will forms.

Avoid letting the state divide your assets
In case you die without any legal forms of will, your state law may determine what would happen to your property and this process is called "intestate succession". Wit that process in active, your property will be divided and distributed to your remaining closest family members such as spouse and children. If you have none of them, then it will go to other relatives according to the statutory formula. It is even possible that the state might claim your estate at its own decision when there are no apparent heirs or a legal will at your death. Without a will, a court can determine who would be taking care of your young children and their residential property when they find that other parent is unavailable or incapable. Therefore you might be interested in leaving property to children in a legal way, so that your young children can inherit what they deserve and what you designate.

Also it is not true to assume that your spouse would automatically be assigned to your assets upon your death. Without a will, it will most likely not happen.

Most people believe that the surviving spouse would take charge of deceased spouse's property. That is not the case, and the law in most states awards one third to one half of the property to the surviving spouse, and the remainder to the children regardless of age. When there are no children, most states will give only one third to one half of the estate to the surviving spouse. And generally the remainder will goes to the decedent's parents if they are alive. In case both parents are dead, the remainder would be split among the decedent's brothers and sisters.

Therefore it is always a good idea to have a legal will form prepared especially if you are married and want your spouse to posses your assets upon your death. This will avoid any future confusion and sudden surprise.

When you plan to prepare your own will, make sure that you have written will forms signed by you. When in doubt, seek an advice from the specialist such as your accountant or lawyer. Keep in mind that any signed will form is a legal form to state specifically what should happen to your assets and estate, and the more details the better it would be. But if you don't know what to do and how prepare will forms on your own, and don't have enough funding resource to cover high consultation fees, the next alternative is to go searching for Free Legal Forms and research online. Also you can find Legal Forms at stationery or bookstores in your local area. They are also available at any local law firms.

One easy way would be to go on the internet finding free wills forms for downloads. Most popular Free Living Will Forms are available such as Last Will and Testament, Living Will and Naming Guardian. Such legal forms are very helpful to you, as it is always recommended to be prepared in advance when you feel that you would be in a situation of needing legal documents in the future.