You Only Need One Signed Copy of Your Will
Your will is one of the most important parts of your estate plan, and without it, assets may not go where you intended them to. It is also important that your will is created and executed in accordance with state law. Otherwise, it may be vulnerable to a court challenge from a beneficiary or other interested party. In some cases, legal challenges are raised because there are multiple versions of a signed will in existence.
Keep and Sign an Official Copy of Your Will
You are only required to keep one signed copy of your will at any time. If you want, you can make copies of this document that can be kept in a safe deposit box or with your probate attorney in Las Vegas. The reason why you don’t want to sign multiple copies of your will is that it could change in the future. Therefore, there is a chance that someone could have an old version of your will and submit it to a probate court.
It Can Take Time and Money to Resolve a Legal Challenge
There is a good chance that the most recent version of your will is the one that will be accepted by a probate judge. However, it could take more time and money to ensure that your final instructions are carried out. The money spent on legal fees will come out of your estate, which means that beneficiaries will get a smaller inheritance.
Don’t Forget to Review Your Estate Plan
Regularly reviewing your estate plan can make it easier to catch issues that could interfere with its timely execution. While you can perform a review on your own, it may be best to do so with an attorney, financial adviser or other qualified professional.