Your Last Will And Testament
A will is a probate document in the truest sense. When a sole owner of property dies, you can transfer the property out of that person’s name to an heir using the deceased person’s will. In Indiana, the requirements for a will are as follows:
- It must be in writing (Ind. Code.29-1-5-1).
- It must be signed by the testator (the person making the will).
- The testator must be 18 years of age and of sound mind.
- You must have two witnesses sign the will in front of you and each other (Ind. Code 29-1-5-3).
- Witnesses need to know the document they are witnessing is your will.
As a probate document, your will can be used for more than just distributing your assets. It can also appoint people to serve as guardian for your children as well as create a trust for your children. As such, you should talk to a lawyer to determine if a will is a way to go for you.
Riley & Ahler P.C. provides full-service estate planning, including wills, powers of attorney, living wills and trust agreements.
Is It Time To Draft Or Update Your Will?
Riley & Ahler P.C. can create a will if you do not have one, or we can update your existing will to reflect life changes, such as marriage, divorce or children. To schedule a free initial consultation with one of our lawyers, call our Rensselaer law office at 219-964-4156 or contact us online.