Legal-Ease: Do I need a new will?

While Lee recommends that people hire licensed attorneys to help with wills and to advise whether or not they should be updated, there are four major considerations to keep in mind when deciding whether a will should be updated.

First, a will should be updated if the person signing the will has been married or divorced. Second, a will should be updated if the individual wants to change the distribution instructions in the will. Third, wills should be updated if the guardian for the testator’s kids is changing. Finally, if someone named in the will has died or faces a major life change, the will should be updated.

Any adult person may prepare a last will and testament. Nonetheless, a person who has already prepared a will might wonder whether an older will needs to be updated.

Although I strongly recommend that people hire licensed attorneys to analyze and advise whether a particular will needs to be updated, there are four major considerations that a person might ponder when determining whether to contact an attorney to update a will.

Read more about updating wills in Lee’s article in the Lima News here: Legal-Ease: Do I need a new will?

Source: LimaOhio.com, “Legal-Ease: Do I need a new will?,” by Lee R. Schroeder, January 27, 2018

Lee R. Schroeder is an Ohio licensed attorney at Schroeder Law LLC in Putnam County. He limits his practice to business, real estate, estate planning and agriculture issues in northwest Ohio. He can be reached at [email protected] or at 419-659-2058. This article is not intended to serve as legal advice, and specific advice should be sought from the licensed attorney of your choice based upon the specific facts and circumstances that you face.

Posted in Estate Planning and tagged .