Will

kenimpzoom

Rear Admiral
Joined
Jul 13, 2002
Messages
4,807
Guys, <br /><br />I work in the oilfield and that helicoper crash in the gulf of mexico got me thinking.<br /><br />Do you have to file a will with a lawyer, or can you just write it out and sign it?<br /><br />I wont have anything to fight over, just want to make sure the wife and kids get it all.<br /><br />Ken
 

roscoe

Supreme Mariner
Joined
Oct 30, 2002
Messages
21,753
Re: Will

Should be filed and recorded at the courthouse.<br /><br />A lawyer usually is a good idea, but they screw up too. They did on my grandfathers will.<br /><br />A simple will like yours, can be made better, by having your wife's name on everything you own.
 

Boomyal

Supreme Mariner
Joined
Aug 16, 2003
Messages
12,072
Re: Will

You don't need a lawyer especially if your estate is simple. Be sure to have two trustworthy, credible people witness your will.
 

SpinnerBait_Nut

Honorary Moderator Emeritus
Joined
Aug 25, 2002
Messages
17,651
Re: Will

Depending on your state laws, it might need notarized also.<br />I am a notary public here in Kentucky and I have done it a couple times.<br />I also have to have 2 witnesses.<br /><br />I always read aloud what the person is signing so not only do the witnesses see what they are signing, also hear it too.
 

WoodRust

Seaman
Joined
Jan 12, 2004
Messages
63
Re: Will

A couple of other suggestions along with a Will.<br /><br />Keep your insurance policy(s) details with your Will along with any other important papers (such ayour 'post.. wishes, etc).<br /><br />Don't keep these records in your house. Rent a small safety deposit box (whatever) They're not much good to anybody if they burn up along with your house.<br /><br />Sorry not trying to be morbid.
 

18rabbit

Captain
Joined
Nov 14, 2003
Messages
3,202
Re: Will

Depending on your state’s law, you may not need a will. In California everything automatically goes to any surviving spouse first and minor children second. Not so with adult children…in the event both you and your spouse were lost, your adult children would not inherit any estate without a will…in Calif. Call any attorney that does wills and ask about your state’s law in this regard.
 

eurolarva

Rear Admiral
Joined
Jun 24, 2003
Messages
4,182
Re: Will

If you want to set up trusts or custody for your kids in the event you and your wife dies you need to see a lawyer. We did it for around 100 bucks. That way you can send the kids to one set of family members and have another set of family members be the executer to the will. If you dont have a will your wife will get everything.
 

SpinnerBait_Nut

Honorary Moderator Emeritus
Joined
Aug 25, 2002
Messages
17,651
Re: Will

Here it is straight from Texas.<br /><br />Requirements for a Valid Will <br />Each state sets different formal requirements for the creation of a legal will. In Texas, any person who is at least 18 years old or is or has been lawfully married; or who is a member of the United States Armed forces, or the auxiliaries thereof, or the maritime service at the time the will is made can make a legal will. In addition, he or she must be of sound mind, which means that the individual has no mental disability that prevents him or her from understanding the full nature of the document he or she signs. <br /><br />In Texas, a will must be in writing and must be signed by the testator in person or by another person for the testator at the testator's direction in the testator's presence. The will also must be witnessed, in the special manner provided by law, by at least two other people. A handwritten will, often called a holographic will, is valid in Texas provided that it is wholly in the handwriting of the testator. A will is valid until it is revoked or superseded by a new will. Individual provisions can be changed by a codicil, which is described in the section Changing and Updating Wills. <br /><br />It is not necessary to hire an attorney to create a will. Anyone can create a will, as long as he or she pays close attention to the details outlined above. Smaller estates can be described simply, and making a will to disperse a smaller estate can be done by almost anyone. The simplest will in history ever to be declared valid by a court contained only three words: "All to wife." However, a lawyer's guidance is very helpful to deal with complicated property holdings or an estate with many assets, especially if they are located in several different places. A business owner, too, needs the advice of an experienced attorney to transfer his or her assets. An attorney can ensure that the transfer of property described in the will is done in a way that minimizes the survivor's tax liability. In addition, a complicated estate may require documents other than a will, such as a trust agreement, to ensure that all of a person's wishes are carried out.
 
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