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The first step in your estate planning process is to construct a Last Will and Testament. A will outlines your desires after you pass regarding your funeral arrangements and the distribution of your assets. Additionally, your will plays an important role in specifying the individual responsible for executing the distribution of your estate and naming the guardians responsible for any minors or children.
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It is not recommended. A will must be properly drafted under Missouri law.
Anyone over the age of 18 is legally able to do so.
Yes. If there is no will in place after you die, all of your assets will go to the state.
A will is a legal document outlining how your assets should be distributed after death. It is essential because it ensures that your wishes are carried out, and your loved ones are provided.
A will should include the following:
- A list of your assets.
- The names of your beneficiaries.
- Specific instructions for how your assets should be distributed.
While it is possible to create a will on your own, it is highly recommended that you work with an experienced attorney. An attorney can help ensure that your choice is legally sound and that your wishes are carried out.
Yes, you can change your will at any time. It is essential to update your choice if your circumstances change or if you have a change of heart about how your assets should be distributed.