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Do it yourself - Living Will
Stacie Moor, a
young women in her thirties is already contemplating about her mortality. The
thought of mortality, Stacie says, is mixed with many concerns, responsibilities
and obligations. Stacie worries about her 10 year old daughter and who will take
care of her in the case that imminent death came upon her. She desires for her
daughter, Nancy, to be brought up in a certain way with a family of her choice.
Stacie does not want to be kept on life support and wishes for her organs to be
donated. Moreover, she desires for her assets to be distributed in a specific
“If my time comes today” Stacie says, “None of my desired plans
would be accomplished because I have nothing in writing and my family has no
idea about what I want. I realize that I have to make a will but I do not want
to spend excessive amounts of money on attorney fees to do this simple contract.
I know I can probably do it myself but I’m just not sure how”.
of Americans do not have a
and testament or a
Living Trust. According to statistics, most Americans have
failed to take appropriate steps to protect themselves, their families and their
property through proper estate planning.
argue that the reason why few people do anything about estate planning is
because the subject is inherently unpleasant. Other say it is because Americans
are lazy or irresponsible by nature. Yet, others argue that it is due to the
distrust attributed to attorneys. However, Almost all agree that the main
reason why people fail to do estate planning is because of the hassle,
inconvenience and possible the excessive attorney costs.
Walter Sheen says that one can prepare his/her own will. “Your ability to
handle legal matters by yourself of course depends on your level of education,
level of sophistication as well as your understanding of the subject. If you
want to prepare a
and Testament where there is little or no real
assets or property involved, you can find these forms at online websites at
these days can obtain from websites reliable forms to handle these simple legal
matters such as a
Living Trust, bankruptcy, landlord and tenants agreements, power of
attorney, buying and selling deals, loan repayment and other legal matters. “You
should seek legal counsel for serious legal issues such as accidents involving
serious injuries and sexual harassment” Sheen says.
have taken the decision of preparing your own
living will, these are the simple steps
Download your will
Make a calculation of what you own
Name your Beneficiaries (Those who will receive your property)
Name your Executor (someone you trust to handle your will and affairs)
If you have children, choose a Guardian for them. That will be someone you
trust and know can take care of your children.
Sign your will in front of witnesses (usually two) and store your will in a
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