Do I need to change my will if I wish to give certain items to specific friends or family members?
No. A list of the tangible personal property you wish to give can be incorporated by reference into your will. For example, if you wish to leave your silverware collection to your daughter, you do not need to specifically change your will. You can prepare a separate memorandum referenced in your will that leaves your silverware, or any other tangible personal property, to your daughter. The memorandum must be dated and signed. If you later change your mind, you can destroy or change the memorandum without signing a whole new will.
More Estate Planning FAQs
- Am I required to leave assets to my children equally in my will?
- Can my family contest my will?
- Do I need to change my will if I wish to give certain items to specific friends or family members?
- Everyone tells me that I need revocable living trust. Should I have one?
- How can I avoid estate taxes?
- I had a will prepared in another state. Is it valid in Virginia?
- Should I have a power of attorney?
- Why should I have an attorney prepare my will?
- Will a revocable living trust protect my assets against the cost of nursing home care?