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A simple will should be the cornerstone of any estate, regardless of a person's age, health, wealth, or property. It outlines what an individual wants to happen to their assets and who they want to inherit them after death. Below, learn what to include in a will, the benefits of writing one, and how a preparation service can help in this process.

What to Include in Your Will

First, you need to appoint an executor. This is someone you can trust to handle the administrative and legal aspects of resolving the estate after your death. They will announce the death, contact beneficiaries, oversee the distribution of assets, and handle all legal and financial paperwork.

If you have minor or adult dependent children, use the will to appoint a guardian to care for them. You can also set particular funds to care for the children. You should make similar provisions for your pets.

One of the defining characteristics of any simple will is asset distribution. You name all major assets—including real estate, cars, jewelry, artwork, family heirlooms, and money in checking, savings, and retirement accounts—and explicitly state which loved one will inherit each.

What the Benefits of Drafting a Will Are

The main benefit of a will is that it makes your intentions clear. Without a will, probate courts will determine who inherits your assets. Also, this document minimizes the chances of legal challenges to the estate, as well as inter-family disputes about what you would have wanted.

By stating your plans in writing, your wishes are honored. This can bring you great peace of mind.

How a Preparation Service Can Help

simple willA will is a legal document and needs to be completed according to state laws and guidelines. A preparation service understands these requirements and will ensure that your document is legally sound. They will format the will in the correct way, review the legal language, and make certain the document has the signatures of two witnesses.

New York State also allows you to self-prove your will, which streamlines the probate process. You and your two witnesses visit a notary—a service offered by many document preparers—and sign an affidavit. This affidavit simply states who you are and that you willingly and knowingly signed the will.

 

 

When you need a simple will designed or notarized, contact We The People of NY. They have more than 25 years of experience providing New York City residents with document preparation services. From standard and living wills to fast divorces and bankruptcy filings, they will make sure your legal documents meet court standards. Call (212) 633-2200 or to schedule a consultation or visit them online to browse their services.

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