Making a Will on Your Own

If you've put off making a will in the past because you thought it would be complicated and expensive, now is a great time to take action. Today, it's easier than ever to write your will from scratch with software, programs, or forms that are either free or available for purchase online.

How to Get Started

Before you get started making a will yourself, here are three important things to keep in mind:

1. Don't Write Your Will By Hand

Known as a holograph, only a few states allow it. These documents often lead to complications or errors.

2. Research State Laws and Regulations

You don't want your will to be tossed out of court because you didn't follow the rules in your state.

3. Create a Separate Document for Burial Instructions

There have been cases of family members burying or cremating their loved ones only to later discover an instruction letter requesting a different kind of funeral or burial service. Include this information in a separate, easily accessible document with your will.

Find the Right Program

The first step in writing your own will is to find an online will builder. Numerous companies offer software or templates for writing a will. Look for ones that contain detailed forms, legal and financial advice, and allow you to create a living trust or revocable trust and power of attorney. There are also free forms you can download online for nearly every personal situation, including people with minor children, unmarried partners, and singles.

Research Specifics

Whatever program or company you select, make sure there are step-by-step instructions, detailed information about state laws, and guidelines for ensuring your will is legally binding once you sign it. The guidelines should include the number of witnesses needed, any notary requirements, and other special circumstances. A will can easily become invalid if there are mistakes, so you'll want to pay careful attention to the details.

Create Other Important Documents

Many adults think about their medical treatment wishes, but too few of us actually put those thoughts into writing. By creating an advanced health directive, or living will, you can specify what kind of life-saving measures and treatments you want or don't want in the event of an accident or illness that incapacitates you.

You might also consider drafting other end-of-life documents, including a durable power of attorney for health care or medical power of attorney, which allow another person to make your medical decisions in case you are unable. You should also select a health care proxy, or the person assigned the task of handling your medical affairs. These documents allow the selected individual to make medical decisions on your behalf. Without these, a court might have to step in and decide what's in your best medical interest.

While no one wants to dwell on death and dying, taking a few hours of your time to write a will and other accompanying documents isn't as difficult as it may seem. It can also be one of the best gifts you give to your loved ones, providing them with peace of mind during a very trying time.