What Is A Will?

Although wills can be very complicated, they are fairly simple in the grand spectrum of legal instruments. A will is essentially a legally valid document that outlines how one's money, property or other assets are transferred when he dies. There are different types of wills, but most wills are referred to as "simple wills". A will can usually be drawn up by an attorney for a reasonable fee, unless the estate is very large or the instructions are very complex. It is also possible for you to draw up your own will using standard forms or software. Be aware of the laws governing wills in your state of residence. If you draw up your own will, be sure that anything your state requires is included or the will could easily be judged invalid.

Other Idaho Estate Planning FAQs

Q: What Is Palliative Care?
A: In recent years, many hospice care programs added "palliative care" to their names to reflect the range of care and services they provide. Hospice care and palliative … More
Q: What Is Do Not Resuscitate/Comfort One Dnr?
A: Comfort One (DNR) is a program offered by the State of Idaho Emergency Medical Services Bureau. This program gives terminally ill persons who are not hospital … More
Q: How Can I Make It Known That I Want To Donate Organs?
A: A designation can be put on your driver's license that indicates that you are willing to be a tissue and/or organ donor. This is an excellent first step. However, it … More
Q: What Other Things Should I Know About Wills?
A: A living will is really not a will at all because it doesn't provide for the disbursement of property. Instead, it allows you to state what medical treatment you would … More