A Do It Yourself Will is just that. You provide the necessary information and do it yourself. The will must notarized to be effective and to help defend the rights of the beneficiaries should a legal dispute arise.
A standard will is usually called a “last will and testament.” The will specifies how your assets will be distributed and who will be in charge of the distribution. The standard will is suited for individuals and couples with total assets (including life insurance and retirement plans) of less than the exclusion threshold for the federal estate tax, which is currently $11,580,000 for a single person.
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