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
A last will and testament is a document that allows people to make sworn statements on who will receive property after they die.
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.
You will need to name a guardian for your children as well as someone to manage their inheritance.
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.
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.
Place your last will and testament in a safe, lockbox, or another place for safekeeping.
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.
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.