Will Lawyer Bucks County
It's not always comfortable, but there comes a time when each of us must consider the reality that we won't be around forever. To ensure that your wishes are met, and those you care for are protected in the aftermath of your death, a well-planned and organized will is crucial. Furthermore, to ensure that your will reflects your desires and values, protects your assets, avoids uncertainty and confusion, and minimizes estate taxation, it's best to employ the assistance of a skilled will lawyer throughout the drafting process.
A will specifies what is to happen to the person's property for whom it is drafted, known as the "testator," in the event of his or her death. It may also express any of his or her last wishes. This can include what they would like to be done with their body and who they designate to be the guardian of any minor children they have in the tragic event that both parents die. In Pennsylvania, a will can be drafted at any time, so long as the testator is over the age of 18, of sound mind and body, and not being unduly influenced by another person. Therefore, as an adult, it's never too early to draft your will. Without a will, a person dies intestate, which means that a set of standard rules will determine the distribution of your property rather than your wishes.
Besides the aforementioned requirements regarding the state of the testator, there are also two other requirements that the will itself must meet to be considered valid. Firstly, the will must be written rather than oral. Secondly, the will must be signed by two witnesses who have no personal stake in it. Without the will meeting both these requirements, the person dies intestate, just as if no will existed in the first place.
Just what provisions your will ought to include depends on your situation and your wishes. It's best to work with an experienced will attorney to draft a will that accounts for a wide range of considerations. These considerations may include:
- Who is to be the executor of your estate
- Who you would like to inherit what property
- Whether you are leaving any gifts to minors, which will require trust in order to execute
- Whether you wish to leave any portion of your estate as a gift to a charitable organization
- Any conflicts which may exist in the family
- Planning to account for and limit federal and state taxation
- What you would like to be done with your remains
- Guardianship of any minor children you have, where applicable
Furthermore, your will should be reviewed regularly — at least every three years — to ensure that it is still reflective of your wishes and applicable given any changes of the situation which have transpired.
Bucks County Will Lawyer
If you are looking to protect your family and interests, and approach the future with the peace of mind that comes from a well-drafted will, call Velter Yurovsky Zoftis Sokolson, LLC at (215) 969-3004. With over 75 years of combined experience, our Bucks County will lawyers have the knowledge and dedication necessary to help you plan your estate in a manner best suited to your wishes. We offer a free consultation to all prospective clients; so don't hesitate, call today.
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