A will is an essential part of the estate planning process. However, it’s natural to feel overwhelmed or unsure of where to start when drafting this legal document. If you’re hoping to find your footing and construct a solid will, look to these questions for clarity.

4 FAQ About Making a Will

Who should I choose as the executor?

This individual is responsible for overseeing the management of your estate and ensuring the wishes you declared in your will are upheld. Choose an individual who will remain impartial throughout the process and can be trusted to remain organized. Once you have an individual in mind, ask them if they're willing to accept the role before naming them. 

What property can I include?

A key purpose of this estate planning step is distributing your assets to family and friends. Assets may include both real estate—like houses and land—and personal property, such as artwork, jewelry, and valuable electronics. Before making a will, compile a list of all noteworthy assets, including those you may own jointly, such as a home with your spouse.

What about digital property?

In this day and age, it’s also important to think about your virtual assets, from cryptocurrency to social media accounts. You may want to leave access to your old Facebook page to your spouse or pass on your Twitter account to a younger sibling. To do so, collect all usernames, passwords, and security questions while writing your will.

What if I plan to have children soon?

As soon as you have children, it’s crucial to name a guardian for them to prepare for the possibility of you and their other parent passing away unexpectedly. If you don’t have children yet but plan to soon, start thinking about whom you might choose to become their legal guardian. Once you have children, you can update your will to reflect this decision and bequeath assets to your little ones.

Writing a will can be an involved process, but the lawyers at Wills and Trusts Hawaii are here to make it easier. These Oahu estate planning attorneys offer a wealth of knowledge for individuals and families hoping to leave a legacy behind. They can help you draft a will and make it official, as well as set up trusts for your closest beneficiaries. Call (808) 792-8777 to arrange for a free consultation today. You can also visit the website to learn more about their services.