5 Tips for Seniors in Establishing a Will
Establishing or updating a will is typically associated with getting older, but it’s never too early or too late to put your wishes down on paper. All morbid aspects aside, it’s important to lay out exactly what you want to be done in your stead, from how you want your estate dealt with to who will execute your wishes. Discussing your will with family members and anyone involved can also initiate a conversation and avoid confusion later on.
5 Tips for Seniors in Establishing a Will
Seniors who wish to establish a will should act as quickly as possible. If you’re unsure if your aging loved one has a will, initiating a conversation can help clear up the matter.
1. Understand the Different Types of Wills
A living will is different from a will. Living wills dictate how an individual wants to be treated in case of emergency. Some seniors choose to sign a Do Not Resuscitate (DNR) order that prevents medical experts from resuscitating them should an emergency occur. However, wills simply offer legal guidance on how possessions and property must be dealt with. Recognizing the difference between these two helps seniors understand what they’re agreeing to and which documents correspond to those exact wishes.
2. Contact an Attorney
Unless family members have direct experience with creating a will, it’s often best to consult with an attorney. Such legal counsel can help you understand what should appear in the will and the official processes necessary to recognize it legally. Attorneys can also advise on areas needing clarification or more specification in execution.
3. Make Your Instructions Clear
Although it can be tedious to describe in detail how you want your will to be executed, the more detail present, the better. Ambiguity can make the probate process more complex and intricate than necessary. The more specific you can be in your will, the better.
4. Maintain the Will and Update as Necessary
Wishes and possessions can change, so keeping your will updated is essential. If you decide to do something differently with a particular object or asset, ensure that the new version supersedes the last. Meeting with your attorney annually can ensure your wishes are updated.
5. Include Your Family in the Conversation
It’s sad but true that many seniors pass away without their families knowing of any will. In these cases, the will can dictate what happens to the deceased’s possessions, but no prior knowledge can have families wondering if they’re doing the right thing. Keep your loved ones updated on your wishes, providing them with a copy of your will if you so choose.
The Importance of a Will
The importance of a will cannot be understated. If you take the time to establish a will, use the tips above to ensure your efforts come to fruition. In the meantime, establishing senior home care can help support you or your aging loved one. If you’d like to learn more about Right at Home Portland, ME’s senior home care services, contact us for a free consultation.
