Why draft a will with a lawyer

Why draft a will with a lawyer?

Disclaimer: this article is for informational purposes only, as is not to be construed as legal advice. We are happy to answer any questions you may have regarding estate planning. Call Quinn & Tyrrell at (516) 221-5100. 3330 Park Avenue, Suite 2, Wantagh, New York 11793.

Why draft a will with a lawyer?

Your Last will and Testament is a sacred document. It contains all of your wishes. A will can be characterized as a set of instructions for your executor upon your death. It contains a list of beneficiaries, designating who will get certain assets or tangible property. It is important that the language is precise in describing property, and designating beneficiaries.

A true benefit to drafting a will with a lawyer:

When your will is drafted by a lawyer, and the execution of the will is supervised by a lawyer, it is presumed to have been executed properly, and in accordance with New York Law. This is an extremely important presumption, which could ultimately defeat a contestant to your will.

Other benefits to using a lawyer for estate planning:

Other than a will, there are important documents that should additionally be executed when considering planning.

  1. A Healthcare Proxy: Designating someone as your agent if you were to become incompetent and/or unable to make your own healthcare decisions
  2. Durable Power of Attorney: Designating someone as your agent to act on your behalf, even if you were to become incompetent
  3. Living Will: This document compliments the healthcare proxy in giving a list of instructions regarding your healthcare decisions
  4. Living Trusts: Depending on your wishes, a living trust could be highly beneficial.

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Disclaimer: This is meant as a brief overview of the law in New York, and is not intended to be interpreted as legal advice. Nothing herein is to be construed as legal advice. If you have any questions, please feel free to call Quinn & Tyrrell at (516) 221-5100.