Legal Question in Wills and Trusts in Indiana
Estate Planning / Custody of Children
My husband and I have two small children. We created a will via a software template which prompted inheritance, custody, etc questions. We printed, signed, and dated one copy and emailed one as well (for time/date stamp) to maternal grandfather (named care-giver to children in the event both parents are deceased or unable to care).
Is this enough legally, or do we need to see a lawyer? If so, any ballpark figures on cost?
My dad did the same, but he has no dependents. Does this make a difference in validity? Will he need to see a lawyer as well?
Thanks in advance.
1 Answer from Attorneys
Re: Estate Planning / Custody of Children
No, its not. Wills must be executed in a very particular manner under Indiana law. Wills must witnessesed by 2 disinterested competent witnesses at the same time in front of each other. What you signed has no legal effect and will not be admited into Probate. I recently had a similar situation where I had to inform someone the "will" her father left wasnt valid. So make sure you execute it properly.
My firm, like many others charges $500 for a Will. Hope this helps.
Related Questions & Answers
-
Trusts Can you please explain what a Revocable trust is? Asked 11/10/07, 6:43 pm in United States Indiana Probate, Trusts, Wills & Estates