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The answer varies depending on how complex your affairs are and if the firm is based in a city. Here are some costs for a solicitor drawing up a will; A simple will can cost between 144 and 240.
To write a will, Mississippi law states you must be at least 18 years old, of sound and disposing mind, must intend the document to be your will and must have the written will validly executed. Upon your death, your will must go through probate, a court proceeding that declares the will valid or invalid.
Consider a Living Trust A living trust places your assets in trust and your representative, or successor trustee, transfers them to your designated beneficiaries after your death. Because your assets never technically changed ownership (the trust continues to own the assets), then probate is typically avoided.
Under Mississippi law, a will is filed with the court after the death of the testator.
Its Important To Protect Your Family And Your Assets With A Will, Even In Your 20s. When youre in your 20s, the need for estate planning probably seems an eternity away or completely unnecessary.
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Holographic or Handwritten Wills A holographic or handwritten will is valid in Mississippi if its testamentary in character (i.e. intended to be a will, not just a letter to a friend) and is wholly written, dated, and signed by the testator or creator of the will.
One of the most common questions probate and estate planning practitioners receive is, Do I need a will if I dont own anything?. The simple answer is yes. If you are a legal adult, you will need a last will and testament even if its basic. Heres why you should have a will, even if you dont have any assets.
91-5-1. The law says: A last will and testament, or codicil, must be signed by the testator or testatrix, or by some other person in his or her presence and by his or her express direction . . . and . . . shall be attested by two (2) or more credible witnesses in the presence of the testator or testatrix.
You may need a will when youre single if: You have a positive net worth. You own a home or have other assets that would need to be distributed if you die. Youre worried about who would end up with your assets once you pass away.

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