A will is an essential part of any estate plan. With this document, you can detail how your assets are distributed upon your death. You can also nominate legal guardians for your children and much more.
As with any legal instrument, a will must hold under legal scrutiny. If something is off, then it can be challenged. When might this occur?
Compliance with state laws
There are a number of laws in Minnesota that govern who can and cannot draft a will. For instance, only those aged 18 and above are legally entitled to create a will. The document must also be signed by the testator and two witnesses over the age of 18.
A will drafted by someone under this age or not signed by the appropriate witnesses can be challenged and ultimately deemed invalid by the court.
A will must be voluntary
Of course, you may need some encouragement to get around to estate planning, but there is a big difference between this and being manipulated. You should never feel pressured into including certain terms in the will. A will must reflect your final wishes.
If you are getting older and have gathered a vast estate over the years, you could be subjected to undue influence and even forgery.
With the appropriate legal guidance, you will be able to draft a will that provides for your loved ones and reflects your wishes accurately. If you are unsure about what steps to take, then it is in your best interests to reach out to someone with knowledge in the field of estate planning.
