5 Major Questions an Attorney Will Ask You Before Drafting Your Will

A will is one of the most important documents you can have drafted for yourself. It allows you to leave specific instructions for your loved ones, as well as control and manage your assets in case of your death. With that being said, it’s important to be educated about what a will planning attorney San Antonio will ask you before drafting a will for yourself.

Here are some important questions an attorney will ask you before drafting your will.

• What specific property and assets do you own? 

The attorney will ask you to provide them with a list of assets you own, including assets you own jointly with family members, assets you inherit, as well as any real estate assets. This will also include non-liquid assets, such as stocks and bonds. 

• Who do you want to provide for? 

You may also need to provide the attorney with a list of people you want to be provide for, whether it’s your spouse, minor children, and parents. The attorney will need to know who your beneficiaries are and how you want them to receive your assets upon your death.

• Should all of your heirs inherit equally? 

The attorney will ask you whether you want all of your heirs to inherit at the same time or if you prefer that your beneficiaries be divided into classes. This is often a matter of practicality. For example, if one of your siblings inherits more than another sibling, it may be more beneficial for them to have this extra inheritance over time. This can also help reduce estate taxes as well. 

• Do you have specific goals for your will?

If you want to provide for your children’s education or if you want to make sure your assets are passed down to a specific person after the death, you should let the attorney know about this. This can help ensure that your assets are allocated in a way that satisfies the conditions of your will.

• Who should serve as executor of your will or any trusts?

The attorney will want to know who you want to serve as the executor of your will or trustee of your trust. This is a very important role in managing your assets. To ensure that your assets are properly managed and distributed, you need to be sure that the person you choose is trustworthy, knowledgeable, and responsible.