Did you know there is more than one type of Will? The following is a list of just a few:
1. Attested Will: This is the most common type of will. It requires a witness and must be signed by the testator ( the person who has written the will.
2. Joint Will: This will is made together by two people. It prevents the second person from changing his or her mind. It also ensures that the wishes of the first person will be honored.
3. Living Will: This is merely a set of instructions that specify your healthcare wishes. This will is usually excited when the testator is terminally ill or injured and cannot be restored to consciousness.
4. A Pour-Over-Will: This will has a provision stating that if any assets are left out, then the assets are to be transferred over to a trust. Assets that are left out must go through probate before it goes into a trust. It is vital that a pour over will be part of a trust to ensure that property that was not held in the trust will be caught and distributed as you intended.