Do-it-yourselfers need to be careful not to trip over these common hurdles as they craft their own last will and testament.
I have seen my share of client-drafted wills. While most people opt to have a lawyer draft their last will and testament, there is no requirement that an attorney do so. If you do opt to draft your own will, make sure to avoid the following five mistakes that I repeatedly see in layman-drafted documents.
- No Inclusion of Your Family Tree
- Leaving Funds to Beneficiaries Who are Minors
- Selecting Executors Without Flexibility
- Incorrect Will Execution
- Not Finding the Original Will