AARP.org offers invaluable tips about the creation of your Last Will & Testament in their article, “10 Things You Should Know About Writing a Will.”
As one would expect, creating a Last Will is a bit more complicated than simply writing your wishes down on paper. It must be expertly and properly prepared and executed to ensure that there are no issues down the line during the administration of the estate of the decedent, when this document will be reviewed by the court. AARP offers 10 questions you should be asking yourself when beginning to think about your will:
What is a will?
What happens if I die without a will?
Do I need an attorney to prepare my will?
Should my spouse and I have a joint will or separate wills?
Who should act as a witness to a will?
Who should I name as my executor?
How do I leave specific items to specific heirs?
Where should I keep my will?
How often does a will need to be updated?
Who has the right to contest my will?
It goes without saying that it is best to consult a professional to answer these questions properly, for your individual situation. The answers can differ, depending on your particular situation, as elders may have different financial and familial situations.
Danna & Associates, PC has specialized in Estate Planning & Elder Law since 1994. For over 25 years, we’ve advised clients on creating Estate Plans that best serve your individual needs. Call 718.273.0300 for your free consultation today!
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