To care for the future and welfare of loved ones. To develop an estate plan that will eliminate or limit estate taxes if the maker has substantial real and personal property. While it is possible for one to write a will by one's self, it is not advisable to use this method because wills are very special. Wills are legal documents and must be executed with certain formalities. Because legal language is highly technical, and because the will must conform to the laws of the state, it is advisable to consult an attorney for the preparation of this important document.
Attorneys are specialists in legal matters.
The cost of a will varies. Discuss this with the attorney as your first item of business. This publication was reviewed by Dale M. Taylor, Vice President, First Commercial Bank, Little Rock. The original manuscript of this fact sheet was written by Mrs. Fann J. Woodward and is recommended for use in Arkansas by Dr. Lynn R. Russell and Dr. Judith R. Urich, Extension family resource management specialists. The Arkansas Cooperative Extension Service offers its programs to all eligible persons regardless of race, color, national origin, religion, gender, age, disability, marital or veteran status, or any other legally protected status, and is an Equal Opportunity Employer.