'If you are living, you need a will and life insurance. Just that simple.'
Including any debts you may have in your will makes it easier for your executor to handle your estate.debt does not magically disappear after you die, and your estate could be responsiblelaws vary
But you might want to have a back-up executor too."Wills are often created and forgotten. It can be easy to have named an older responsible friend or family member to be the executor and perhaps years later the older executor has passed away. This is where a successor executor that is younger than the executor can be beneficial to carrying out the wishes of the will." If you don't have a backup in mind right now, that's OK. You can also make changes later on in life.
The existing will can be updated by hand but must be signed, and the witnesses of the original will must be the same witnesses for the amendment.
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