Should You Provide Property Management in Your Will?

You can have a trusted adult manage property for beneficiaries under age 35.

Management for Property That Passes Under Your Will

Nolo’s Online Will offers three approaches to property management for property that passes to minors under your will.

The Uniform Transfers to Minors Act

The Uniform Transfers to Minors Act (UTMA) allows you to name a custodian to manage property you leave to a minor.

Creating a Child's Trust in Your Will

You can set up property management for any beneficiary younger than age 35.

Choosing Among Property Management Options

For each minor or young adult to whom you leave property through Nolo’s Online Will, you must decide which management approach to use: the UTMA, a child’s trust or the pot trust.

Management for Property That Does Not Pass Under Your Will

Name a property guardian to manage your children's other assets.

Examples of Property Management

Here are some examples of how Nolo’s Online Will property management options might be selected.

Using a Pot Trust for Young Children

When making your will with Nolo’s Online Will, you can use a pot trust if you:

Property Managers for Young People's Property

When making a will using Nolo’s Online Will, you’ll have a chance to set up property management for your young children as well as for any other young beneficiaries of your will.

Providing Property Management, For Whom?

When you make your will with Nolo’s Online Will, you will have a chance to set up property management for any young beneficiaries who might receive property under your will.

When to Update Your Will

Life wreaks havoc on even the best-laid plans and changes in your life affect what you include in your will and what laws will be applied to enforce it.

Forgiving Debts in Your Will

You can release anyone who owes you a debt from the responsibility of paying it back to your estate after you die. You can use your Nolo's online will to cancel any such debt—oral or written.

Finalizing Your Will

After you have proceeded through all of Nolo’s Online Will screens and responded to all the questions the program poses, your will is nearly finished.

Writing a Letter to Survivors

When working on your will with Nolo’s Online Will, you may find that you want to explain certain things to your loved ones.

Learning More About Estate Planning

If you have questions that Nolo’s Online Will does not address, you may want to consult some self-help books or websi

Getting Help From a Lawyer

You probably won’t need a lawyer’s help to make Nolo's Online Will.

Finding a Lawyer

If while working on Nolo’s Online Will, you decide that

Welcome to Nolo's Online Will

Congratulations on getting started on your will. You should be able to finish your will in less than an hour -- without hiring a lawyer.

Is Nolo's Online Will Right for You?

Nolo’s Online Will provides a basic will that works for many people. It is private, easy-to-make, and low-cost.

What Nolo's Online Will Can Do

Here is a quick survey of what you can and cannot do with Nolo’s Online Will. Each topic is discussed in greater detail in the on-screen help as you make your will.

What Nolo's Online Will Cannot Do

Nolo’s Online Will allows you to produce a valid and effective will designed to meet most needs. But there are some restrictions built into the program.

Entering Your Name and Gender

To start your will with Nolo’s Online Will, you’ll enter your name and indicate your gender.

Listing Your Children

Becoming a parent is what may have motivated you to buckle down to the task of writing your will in the first place.

Choosing Your Marital Status

When making you will with Nolo's Online Will, you may have some questions about how to choose your marital status.

An Executor's Job

When you make Nolo’s Online Will, you should name an executor to wrap up your estate.

Naming an Executor

Glancing through the list of the executor’s duties should tip you off about who might be the best person fo

Your Executor & Your SSN

Find a way to securely provide your SSN to your executor.

Your Spouse's Right to Inherit From You

If you intend to leave your spouse or registered domestic partner very little or no property, you may run into some legal roadblocks.

Describing Specific Gifts

Use simple and clear language to describe your specific gifts.

Should You Provide Property Management in Your Will?

You can have a trusted adult manage property for beneficiaries under age 35.

Creating a Child's Trust in Your Will

You can set up property management for any beneficiary younger than age 35.

Examples of Property Management

Here are some examples of how Nolo’s Online Will property management options might be selected.