Where Should I Keep My Will? | Monroe Township - Middlesex County
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Where Should I Keep My Will?

November 6, 2019

Filed under: Estate Planning — Laura Pennington @ 1:56 pm

If you already created your own will without the help of an attorney, it’s still a good idea to have a lawyer review your document to ensure it’s in line with state laws. While a DIY will might seem like the easier route to go, the costs associated with making a mistake on a DIY will can follow your loved ones for many years.

Having the peace of mind of speaking with an attorney gives you the chance to correct anything inside the will that could potentially render it invalid. Furthermore, you can discuss safe places to store your will document after it’s been fully executed.

Your original will should be stored in a safe and fireproof location. Most people assume that a safety deposit box is the best place to store critical documents, including your will and even funeral or memorial instructions. The problem with this approach is if none of your loved ones know where to find this information or if they can’t get to it in time for it to be useful.

More immediate documents like your desires concerning a funeral or instructions from the plans you’ve made in advance could be stored with your estate planning lawyer or a close family member or friend. Someone else should know where to locate this information should it become necessary.

Your original will should be stored in a safe location as mentioned above, but you can keep copies elsewhere. Signed copies of the will are important in the event that the original is destroyed. It’s your job to make sure that you’ve taken as many proactive steps as possible to make it easier for your loved ones if you suddenly pass away.

While it’s a difficult subject to approach, your foresight and planning can help your loved ones in a challenging time.

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