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Commonly Asked Questions about Last Will and Testament for Parents with Minors

As we have said many times before, its never too early to write a will. While it may strike you as morbid or impractical, the sooner you can have an estate plan in place, the better.
The best method for parents to structure a wealth transfer to protect their childs inheritance is via a trust. One efective way to shield your familys wealth whether from things like divorce or from anyone who may try to take advantage of them is through a trust with a corporate trustee to oversee it.
But with the right guidance, and with some knowledge of your (and their) rights and the law, it is possible to create a Will for someone else, like a loved one. In fact, it may help you to know that its actually fairly common.
You must be 18 years old or over to make a legally valid will, however, exceptions to the minimum age are made if you are on active military service. However, many people leave making a will until they are much older.
Even young adults should have a Will. Your Will spells out who you want to receive your assets on your death. You would name the person who is responsible for distributing your estate, the executor. You would want this to be someone you trust to carry out your wishes.
In most states, you must be 18 or older to write a legally valid will, ing to USA.gov. Deciding at what age you should write a will is a personal decision, but there are certain practical considerations that can help you determine when the time is right.
Key Takeaways. If you are left out of a will and believe that you should contest it, prepare to face an uphill battle to get a portion of the estate. Be certain that contesting the will makes financial sense, and that the potential gain far outweighs the legal costs.