John A Knutson and Co logo

John A. Knutson & Co., PLLP

Certified Public Accountants

 

1781 Prior Avenue North, Falcon Heights, MN 55113

 

Website: www.jakcpa.com

August 2026

August 2026 Q and A

August 2026 Q and A

QUESTION:
What are the basics for creating a will?


ANSWER:
Creating a will ensures your assets are distributed according to your wishes after your death. Start by confirming that you are of legal age and of sound mind. Clearly identify yourself as the testator and state your intent to make a will.


List your assets and beneficiaries, and appoint a trusted executor to manage your estate. For parents, designate guardians for minor children. The document must be in writing, dated, signed by you, and witnessed by at least two non-beneficiaries.


Review and update regularly. While DIY templates exist, consulting an estate attorney helps avoid legal pitfalls and ensures compliance with state laws. A valid will provides you and your family peace of mind.


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