Identifying Parties in Your Will

Identifying Parties in Your Will

The first thing you must understand is who will be involved or connected to your will.

People

When making your will, it is important to clearly identify the persons you name as your beneficiaries. In some families, names differ only by middle initial or by Jr. or Sr. Be sure to check everyone's name before making your will. You can also add your relationship to the beneficiary and their location, such as "my cousin, George Simpson of Clearwater, Florida."

Organizations

Clarify the names of organizations and charities. For example, there is more than one group using the words "cancer society" or "heart association" in their name. Be sure to get the correct name of the group to which you intend to leave your gift.

Spouse and Children

You should mention your spouse and children in your will, even if you do not leave them any property. This is to show that you are of sound mind and know your heirs. If you have a spouse or children and plan to leave your property to persons other than them, you should consult an attorney to be sure that your will is enforceable.