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Home / Insurance / Essential Elements of a Simple Will — Legal Insurance Blog — April 18, 2023

Essential Elements of a Simple Will — Legal Insurance Blog — April 18, 2023

stockfresh_181218_last-will-and-testament_sizeS_72a2cb-300x225A simple will is evidence of what a person wants to be done with their estate after they have died. The document is no more than six pages long and, if properly drafted, will ensure that a person’s wishes are met. However, some things must be in the paperwork to make the document more enforceable. Here are some improvements a person can make to a simple will that will ensure their wishes are carried out as intended. These improvements include:

  • Alternative beneficiaries should be there. It is important to name alternate beneficiaries if the primary ones died before the testator or are unable or unwilling to inherit their share.
  • The will usually divides the estate equally between the beneficiaries. If the testator wishes to leave specific sums of money or assets to specific individuals or organizations, these must be included in the simple will.
  • An executor must be appointed so that the terms of the will are fulfilled. That person must be someone who is both competent and trusted.
  • Provisions for minor children. This is important if the testator has young children as their care and guardianship must be provided if both parents pass away.
  • Tax consequences will play a role in property distribution. Therefore, it is important to consult with a lawyer or accountant to be sure that the estate is structured in a tax-efficient way.
  • Regular update. Making a will is one thing and enforcing it is another. Regular updates will make necessary corrections due to marriages, divorces, changes in assets, births or deaths of any beneficiary.

We do not suggest that anyone write down a will on a piece of paper. There is more work to be done on this document to make it legally binding. Group legal plans will advertise their ability to write excellent wills. Nationwide pre-paid legal services include a simple will making benefit option in our legal group benefit.

Knowledgeable lawyers do the job

We do not use online templates. Instead, we use a nationwide network of attorneys to provide prepaid legal services to our plan members. There is a nationwide attorney in each client’s community, and these plan members will receive priority treatment.

The nationwide lawyer listens to what a prepaid legal service member wants before writing the will. If there are any questions a testator may have, they are thoroughly answered. It is important to note that our lawyers are recruited for emotional intelligence and the ability to work with people. Therefore, customers can expect to have their employees treated with courtesy and respect.

The lawyer will draw up a will in accordance with the applicable death certificate. However, Countrywide knows that circumstances change over the years. That’s why members of our class action plan get a special privilege. We will send out reminders each year so that a person can contact the nationwide attorney and make any changes. Amendments to the law can be taken up even then.

Our customers are always involved

We are very proud of the relationships we develop with our customers. They are the ones who decide which pre-paid legal services should be included in the class action plan document. We explain our benefits to the decision makers who choose their options. Countrywide will provide superior member services and streamlined administration for the benefit.

We also have constant communication with our customers. We believe in transparency and will resolve any issues that arise as quickly as possible. As a result, our customers can expect the best from us.

We do more than simple wills and would welcome an opportunity to tell you more about our group legal plan services. Please contact us at your convenience if you have any questions about Countrywide. We are ready to answer all inquiries.

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