Can one person write two wills at the same time?
Can one person write two wills at the same time?
If you have a spouse, a child, or other dependents, it's possible for one person to write two wills at the same time. You can bequeath all of your assets to an individual or list them as beneficiaries of your trust. If you're single and want to write two wills, with one being in effect while the other is being contested in court, you can name an alternate executor and/or alternate trustee. In this case, the will dictates how your estate is divided among your beneficiaries while the trust determines how they will receive their inheritance. It's important to understand the relationship between these two documents before you draft one or both.
Whether you are close to death or just getting started on your estate planning, it's helpful to know whether a person can write two wills at the same time. With a little bit of research and clear instructions, you can write two wills at the same time. If you're trying to get the most out of your estate planning, here's how to make sure that you can write two wills at the same time:
You will need to decide which wills will be active while you are alive and which wills will only become active once you pass away. Write a letter explaining what you have done and why. Include this letter with your first will and put it in a safe place.
You also need to choose an executor. The person who is named in your second will should not be the same as the one who is listed in your first will; otherwise, they may need to choose between accepting their position or rejecting it.
If you have any questions or in need a Will Attorney, we have the Best Attorneys in Utah. Please call this law firm for free consultation.
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Parklin Law - Estate Planning
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Disclaimer: This is not legal advice and is simply an answer to a question and that if legal advice is sought to contact a licensed attorney in the appropriate jurisdiction.
