The Right Time to Make a Will
It can often seem as though there is no right time to make a will. Young people don't usually think about it. When they've married and have a family, it's just too busy a time. And later on, when people start to think about their own mortality, they'd often like to just change the subject.
The Perfect TimeThe best time to make a will is when you think about it. The truth is that making a will should occupy only a few hours of your time from your first call to a lawyer till you leave the lawyer's office with your will properly executed.
What to DoFind an attorney. Some people, however, choose to buy a program or service that will allow them to make a will without an attorney. That might be a perfect solution, or, on the other hand, it might be tantamount to playing Russian roulette with your legacy. The risks far outweigh the benefits.
How it WorksUsually, an attorney will want to meet with you twice. At the first meeting, the attorney will discuss with you your assets and what you would like to happen to those assets after your death. An appointment is usually scheduled for about a week later, when the will is reviewed and then signed.
CostsA will is the biggest bang for the buck. Unless you have a very large estate, the cost will be modest. And if you do have a very large estate, it is certainly worthwhile to have an experienced attorney prepare the will. Preparing a will without an attorney is like driving a car that has a disclaimer that says, "Warning: Brakes may not work." In both cases, by the time the recklessness of your behavior can be confirmed it will be too late to do anything about it.