Delaware Last Will and Testament
To protect your family and make your wishes known, a last will and testament is an excellent foresight. Here’s how to create a will in Delaware.
Delaware Last Will and Testament Template
What Is a Last Will and Testament?
A last will and testament is a document that allows people to make sworn statements on who will receive property after they die.
How Do You Make a Last Will and Testament?
In Delaware, a last will and testament does not have to be executed in the state for it to be legally recognized. Follow these steps to create a last will and testament in Delaware.
The first step in creating a will is to decide what to include. Often real estate, bank accounts, investments, automobiles, and more are included in wills.
Who will inherit your property? Often it is a spouse, but beneficiaries can also be parents, children, and siblings.
You’ll also need to name an executor to make sure your will directives are followed.
Guardian for Children
You will need to name a guardian for your children as well as someone to manage their inheritance.
Write Your Will
An inexpensive or free last will and testament template for Delaware is easy to follow. You can use a last will and testament form in Delaware.
Sign Your Will
Delaware law requires that a will be signed by the testator with two witnesses, who will then add their signatures. The same procedure applies if you wish to make changes to your will via a codicil or a new will in its entirety.
Store Will Safely
Place your last will and testament in a safe, lockbox, or another place for safekeeping.
Will vs. Living Trust
A living trust allows assets to be placed in a trust, with the owner using them during life. Because they are in a trust instead of a will, these assets won’t go through probate.
Will vs. Living Will
A living will, or advance health care directive, speaks for the testator if incapacitated, detailing health care wishes. Living wills can be part of a will template.
You may still have questions about creating a last will and testament in Delaware. These frequently asked questions may help.