There should only be one original of your will. Here are some of your options: a home or business safe, bank safe deposit box, with your lawyer, or in some jurisdictions, with the clerk of court.
Before deciding to store your documents at home, consider purchasing a fire proof safe. Make sure it is always locked and be certain that someone you trust has the combination. If you store your will in the bank, consider that the laws in some jurisdictions require the bank to seal the box immediately upon your death. This can result in delay and additional probate costs. If you decide to keep the original with your lawyer, ask your lawyer what will happen if he or she is unavailable when you need your document. Ask if there is an additional fee – I offer to store my clients’ estate documents at no charge.
Whatever you decide, make sure a family member or close friend knows the location of your original will.
Contact our office to learn more about our estate planning services. Call 1-877-447-4667
