For many, the thought of taking time out of their day to create a will is something overwhelming. As such, many choose to put this process off or do it on their own. Unfortunately, if you try to write a will without guidance, it can have severe impacts on the outcome of your estate. As such, it’s in your best interest to connect with a Nassau County estate planning lawyer who can help guide you through this process to ensure your wishes are met. The following blog explores what you should know about writing a will on your own.
Is It Possible to Create a Will on Your Own?
Though legally it is possible to create your own will, it’s not in your best interest to do so. Unfortunately, many who want to save time or money during this process will attempt to create this document without the guidance of an experienced attorney. Though there are online forms that allow you to do this, you should avoid them.
Unfortunately, these online documents are rarely state-specific, meaning there may be language or terms that are not legally binding in New York. Additionally, you’ll find that while completing the documents you may make errors that can invalidate your will. As such, creating your own will is possible, but should not be done.
An attorney can help you create your will by ensuring all of your assets are accounted for and divided according to your wishes and making sure your will adheres to state laws. Additionally, they can assist if you need to change the terms and conditions of your will at any point.
What Should Be Included?
When you meet with an attorney to establish your will, it’s important to understand what information you should include in this document. Generally, you’ll need to bring a comprehensive list of your assets, so your attorney can include them in the document. You should also know how you would like to distribute them, and which beneficiaries will receive which assets.
In addition, you should have an idea of who you would like to serve as your estate executor. Essentially, this person will be responsible for ensuring that your estate is managed and assets are distributed according to the wishes outlined in your will. Similarly, should any disputes arise over your estate, your executor is responsible for handling legal issues.
Though creating a will on your own may seem like a good way to save time and money, it can, unfortunately, cost you in the long run. If there are issues with your will, it can be deemed invalid, meaning it will not be honored according to your wishes. As such, it’s in your best interest to connect with an experienced attorney who can assist you in these matters. At Barrows Levy, our dedicated legal team will do everything possible to guide you through the process of creating a will so you can achieve peace of mind for the future. Connect with our team today to discuss your wishes for your estate plan.
