When Is A Good Time To Write A Will?

February 25, 2005 – Posted at 4:22 p.m. CST

JONESBORO -- Having a Last Will and Testament is important, but when is a good time to get one? Should you wait until you are married or have children?

It may sound morbid, but it's never too soon to prepare your Last Will and Testament.

"A lot of people will sit down and basically write out a Will, whether they are at home or something to that effect. A Holographic Will is basically a hand written Will and Arkansas does recognize that type of Will," said attorney Mark Rees.

And there's really no excuse for not having a Will. You can do it yourself, with a book, special software or even over the Internet. Rees says these kinds of kits are ok for a simple Will, but if you have a more complex estate, you may want to consult an attorney.

"Those books aren't one size fits all. Arkansas has specific guidelines, specific laws regarding wills and how they are supposed to be prepared," said Rees.

And you don't have to be married or have children before putting your affairs in order.

Rees said, "Once you start gaining assets, young professionals, somebody who's out of school, maybe working, maybe getting retirement, they defiantly need to have a Will."

Rees also says having a Living Will is a good idea. It can help your family make the decisions you want if you ever become incapacitated.