Who Should I Name In My Will?
Creating a will gives you the chance to decide what happens to your assets, but you’ll need a Des Moines, IA wills lawyer if you want the process to go smoothly. Creating a will isn’t just about dividing property—it’s also about choosing the right people for important roles. Fortunately, with over 16 years of experience in estate planning and probate, we can steer you in the right direction. Read on to learn more, and contact us today.
Choose Someone To Carry Out Your Wishes
Every will should name a person to manage your estate. This person is called the executor. They’re in charge of collecting your assets, paying off debts, and distributing what’s left according to your instructions. You’ll want someone who is dependable, organized, and comfortable handling paperwork and deadlines.
Decide Who Gets Your Property
You’ll also need to name beneficiaries—the people or organizations who will receive your property. That could include your spouse, children, other family members, or charities. Some people leave everything to one person. Others divide things evenly among a group, or leave specific items or accounts to different people.
Be as clear as possible when describing what each person will receive. If you have more than one child, for example, you can choose to divide your estate equally or based on individual needs. The more clear your instructions, the less complicated the probate process.
Make A Plan For Children Or Dependents
If you have minor children or dependents, you’ll need to name a guardian—someone who would take care of them if you’re no longer here. This is one of the most personal and difficult decisions in any will. It’s not just about who’s available—it’s about who you believe will raise your children in a way that fits your values.
Talk to the person you have in mind before adding them to your will. It’s important that they’re willing and able to take on the responsibility. You can also name a backup guardian in case something changes in the future.
Pick Someone To Manage Any Money Left For Minors
If you’re leaving money or property to someone under 18, you may also need to name someone to manage it until they reach adulthood. This person is sometimes the same as the guardian, but it doesn’t have to be. You can set terms in your will for how and when the funds should be used—for example, for education or living expenses.
Think About Personal Items And Smaller Gifts
In addition to large assets like your home or bank accounts, you can also use your will to pass down personal belongings. These items often carry strong emotional value—things like jewelry, furniture, or family heirlooms. Make a list of items you’d like to go to specific people and include it with your will or in a written memo.
We’re Here To Help You Plan
If you’re unsure who to name in your will or how to set things up properly, we’re here to help. At Law Group of Iowa, we work with clients to draft wills that reflect their wishes and protect the people they care about. From wills and trusts to probate, we’re ready to help. Reach out to us today to start the process with a team you can trust.