How can I draw up a will to secure my family?
March 14, 2023 | 40,00 EUR | answered by Oliver Breitwieser
Dear family law attorney,
My name is Ingo Fuchs and I am reaching out to you for advice on creating a will. I am married and have two minor children. Currently, I own a home, a car, and a savings account. I am concerned about the future of my family and want to ensure that they are financially secure in the event of my death.
My main concern is that my wife and children are financially protected and that my assets are distributed fairly. I am wondering how best to proceed in drafting a will that takes into account my wishes and concerns. I have no experience with legal matters and am unsure of what provisions and wording should be included in a will.
Could you please provide me with specific steps and suggestions on how to draft a will to secure my family? Are there specific information or documents that I need to prepare? What aspects should I pay special attention to when creating a will?
I would greatly appreciate it if you could provide me with your expertise to assist me in this important matter. Thank you in advance.
Sincerely,
Ingo Fuchs
Dear Mr. Fuchs,
Thank you for your trust and your inquiry regarding the creation of a will to protect your family. It is understandable that you are concerned about the future of your loved ones and want to ensure that your assets are distributed fairly. A will is an important legal step to document your wishes and ensure they are carried out in the event of your death.
First and foremost, it is important to mention that there are different types of wills that can be tailored according to individual situations and personal wishes. In your case, as a married father of two minor children and owner of properties, a car, and a savings account, there are certain aspects that are particularly relevant when creating a will.
First, you should consider who your heirs should be. In your case, your wife and children are likely to be the main beneficiaries. You can specify in your will how your assets should be distributed after your death. For example, you could determine that your assets should be divided equally between your wife and children, or allocate specific assets to certain individuals.
Furthermore, you should also consider who should act as the executor of your will. The executor is responsible for carrying out the instructions in the will and distributing the inheritance according to your wishes. This person should be reliable and represent your interests after your death.
Additionally, you should consider drafting a power of attorney and a living will to ensure that your wishes are respected in case of illness or accident, and that a trusted person can make medical decisions on your behalf.
To draft a will, I recommend seeking advice from a notary or family law attorney. A notary can assist you in legally formulating your will and ensuring that all legal requirements are met. You should have all relevant information, such as personal details, assets, and heirs, ready to facilitate the process of creating a will.
Overall, it is important that you take the time to carefully reconsider your wishes and concerns and clearly document them in your will. A will is an important legal step to protect your family and ensure that your assets are distributed according to your wishes.
I hope this information is helpful to you and I am available for any further questions you may have. Thank you for your inquiry and best of luck for your future.
Sincerely,
Oliver Breitwieser, Family Law Attorney
