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So you have finally decided to have a professional prepare your Last Will and Testament. Well, there are a couple of things that you need to keep in mind throughout this entire process of having your Will prepared. The first thing that you need to do is to be very thorough and complete with the selection of the assets that you wish to leave to your beneficiaries. Say for example that you have a whole line of assets including cars, jewelry, and other items that you need to designate in your Will before you pass on. Well, if you are not thorough then what essentially may happen is that there will be quite a bit of confusion when it comes time to actually determine who is to receive what asset from your estate. One of the most common occurrences is actually when two beneficiaries are claiming title and ownership to an asset.
Thus, the best advice that can be given when you are actually creating the Will is to consider the importance of being clear and thorough when you are setting out the property that is to be distributed. The other important thing to consider is a very important decision and that is to designate a trustee. The trustee essentially has the job and function of making sure that all of your wishes are carried out to the word once you are no longer alive. Their function is very important and it is really your choice whether you desire to compensate them for their work or not. The reason why this is such an important decision is because if your trustee is unreliable or incapable of handling the issues then what will happen is that there will be quite a bit of chaos and confusion at which point the courts would have to intervene in order to enforce the legal document.
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