If you have lung cancer or mesothelioma and you write a will, you can make asset distribution easier

Note: The following is intended for general informational purposes only and is not a substitute for the advice of a qualified attorney

If you have lung cancer, you should learn about how to write or make a will. A will is a legal document that directs who will receive your money and other property when you die. A will also specifies how you want your heirs, or beneficiaries, to receive those assets. If you have young children, you can use your will to name a guardian for them. The "executor" you select is responsible for carrying out the directives of your will. Because there are so many financial issues involved, you should choose a trusted person who understands financial matters to be your executor. Alternatively, you should pick a sophisticated third party such as a bank or law firm.

If you die without a will, the state will determine who will get your property and who will care for your children. Wills can be complex documents and they must fulfill the requirements of your state's laws. Some people, especially those with young children or who have significant financial assets, find it helpful to work with a qualified estate lawyer to help them draft a will—or update it when they want to make a change. Some of the information you’ll want to have before you write your will includes:

Your financial inventory listing all your personal assets, such as home, car, savings accounts, investments, furniture
Names and addresses of family, friends, and organizations you plan to name as your beneficiaries
A list of what you want to leave to each person and organization
If you have young children, the names and contact information of the people who have agreed to be their guardians
The name and contact information of your executor