I'm 20. How do I go about preparing a legal will and ensuring it will be paid due attention if I should die? And who should I pick as my executor? I live in Maryland.
I'd like to prepare my will, preferably for free, in such a way that it won't be ignored if it is needed. I don't know if writing a letter stating my preferences would be enough, and just filling out this
seems too easy. Yet given my limited assets hiring a lawyer would be unnecessarily complicated. Monetary assets include a few thousand in stocks, more than that in a couple of CDs, plus maybe a hundred in government bonds and whatever's in my savings and checking accounts. Material is just what's in my bedroom.
And once I go about doing the will, how do I pick an executor? For various reasons family members are out of the question. The friends I'd feel comfortable asking are all my age, so I don't know if they'd
feel comfortable being asked, or carrying out the task if anything should happen.
So what should I do? Are there any websites that offer help on preparing a simple will--most seem geared to people with legal help or a more complicated monetary situation than mine.