Making a will is the primary way to transfer ownership of your belongings after your death. You’ll often hear that a will should be a comprehensive list of your assets so that they can be found quickly and easily without your estate undergoing probate. But there are some things you can’t or shouldn’t include in your will. For example, certain types of property can best be transferred without one.
It’s important to avoid conflicts between documents, but that’s not the only reason to leave something out of your will.
Here are other times a will isn’t optimal.
The general rule of thumb is that your will doesn’t affect property you have arranged to leave by another method. Wills are a good idea, but they are only the first step in an estate plan. Contact an estate planning attorney to give you advice on what to include in your will and to explore other methods of bequeathing your property according to the rules of your jurisdiction.
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