A last will and testament is a legal document that entails a person’s wishes as to how their assets will be distributed after their death. The will can be short or long, depending on the process distribution. The assets can pertain to a person’s property, money, and other personal assets. The testator (the person who owns the will) assigns a person (executor) to carry out the person’s wishes in the will. Creating a will and testament is easier if you use a basic template.
A will and testament makes it easier for you to distribute your estate after you pass. Your family will be spared from the probate process and asset distribution will be seamless. Take a look at Template.net’s printable last will and testament templates. These professionally written templates are editable through the website’s user-friendly editor tool. Just click your chosen sample template and you will be taken there. You will be required to sign up for a membership before you can download the template.
According to Legal Zoom, Americans over the age of 72 have wills in place. That’s 81 percent. From ages 53 to 71, the number dropped to 60 percent. For Generation X respondents (37-52 years old), the number dropped even lower to 34 percent, and Millennial respondents (18-36 years old), the number was 22 percent.
Furthermore, according to Caring, COVID-19 has motivated 24 percent of Americans saw a greater need for estate planning, 65 percent don’t see a greater need and did not take further action, and 11 percent saw a greater need yet did not take further action.